FIELDGATE, CHAPEL LANE, BELSTEAD, IPSWICH, IP8 3LR - £335,000

FIELDGATE is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £335,000 in October 2018, which was around 17% below the average October 2018 detached price in the Babergh local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

FIELDGATE Sold Prices

Land registry data shows two sales for FIELDGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two FIELDGATE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 19 OCT	£335,000	£402,334	17% below HPI
2007 29 JAN	£250,000	£280,642	11% below HPI

FIELDGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two FIELDGATE sales from January 2007 and October 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is FIELDGATE?

FIELDGATE is 102m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Belstead, based on EPC data. The below chart shows the distribution of detached houses by size in Belstead, and where FIELDGATE lies on this distribution: 29% of detached houses are smaller than FIELDGATE, and 71% of houses are larger. Note that EPC data is not available for all properties in Belstead.

FIELDGATE: Plot and Title Map

FIELDGATE sits on a plot of roughly 0.144 of an acre, or 585m². The below map shows the location of FIELDGATE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FIELDGATE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FIELDGATE?

FIELDGATE is located on CHAPEL LANE in BELSTEAD, in the IP8 postcode district. The below map shows the position of FIELDGATE on CHAPEL LANE.