NEW HOUSE, BOURNE HILL, WHERSTEAD, IPSWICH, IP2 8ND - £395,000

NEW HOUSE is a very large extended detached house of 182m², built sometime between 1983 and 1990. It was last sold for £395,000 in February 2021, which was around 10% below the average February 2021 detached price in the Babergh local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was C.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE 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. One of the two NEW HOUSE sales was for below the average price, whilst the other was for above 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
2021 8 FEB	£395,000	£438,289	10% below HPI
2010 17 DEC	£299,500	£269,339	11% above HPI

NEW HOUSE 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 NEW HOUSE sales from December 2010 and February 2021 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 December 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is NEW HOUSE?

NEW HOUSE is 182m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where NEW HOUSE lies on this distribution: 88% of detached houses are smaller than NEW HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

NEW HOUSE is located on BOURNE HILL in WHERSTEAD, in the IP2 postcode district. The below map shows the position of NEW HOUSE on BOURNE HILL.