GRASSENDALE, LOWER ROAD, WESTERFIELD, IPSWICH, IP6 9AR - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GRASSENDALE is a very small extended detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £349,834. It was last sold for £325,000 in September 2021, which was around 14% below the average September 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

GRASSENDALE Sold Prices

Land registry data shows one sale for GRASSENDALE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 13 SEP	£325,000	£379,031	14% below HPI

What might GRASSENDALE be worth now?

GRASSENDALE might now be worth an estimated £349,834.

This is based on house price inflation of 7.6%, between September 2021 and May 2026, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.6% inflationary increase is applied to the most recent sale price for GRASSENDALE of £325,000 on 13th September 2021. For the value to have increased from £325,000 to £349,834 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of GRASSENDALE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of GRASSENDALE has not materially changed since September 2021.

How Large is GRASSENDALE?

GRASSENDALE is 122m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Westerfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westerfield, and where GRASSENDALE lies on this distribution: 20% of detached houses are smaller than GRASSENDALE, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Westerfield.

GRASSENDALE: Plot

GRASSENDALE sits on a plot of roughly 0.130 of an acre, or 528m².

Where is GRASSENDALE?

GRASSENDALE is located on LOWER ROAD in WESTERFIELD, in the IP6 postcode district.