SPRINGBANK, BROOKSFIELD, BILDESTON, IPSWICH, IP7 7EJ - £157,000

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.

SPRINGBANK is a very small extended semi-detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £264,303. It was last sold for £157,000 in May 2013, which was around 16% below the average May 2013 semi-detached price in the Babergh local authority area. The most recent EPC inspection was December 2024, where the current energy rating was D, and the potential energy rating was B.

SPRINGBANK Sold Prices

Land registry data shows two sales for SPRINGBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Babergh local authority area for the corresponding sale date. Both of the two SPRINGBANK 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
2013 24 MAY	£157,000	£187,700	16% below HPI
2006 28 APR	£150,000	£168,345	11% below HPI

SPRINGBANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Babergh local authority area over time, sourced from the HPI. The two SPRINGBANK sales from April 2006 and May 2013 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 April 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might SPRINGBANK be worth now?

SPRINGBANK might now be worth an estimated £264,303.

This is based on house price inflation of 68.3%, between May 2013 and February 2025, for semi-detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.3% inflationary increase is applied to the most recent sale price for SPRINGBANK of £157,000 on 24th May 2013. For the value to have increased from £157,000 to £264,303 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of SPRINGBANK has moved in line with the HPI for semi-detached houses in the Babergh local authority area.
• The May 2013 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGBANK has not materially changed since May 2013.

How Large is SPRINGBANK?

SPRINGBANK is 84m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the smallest 20% of semi-detached houses houses in Bildeston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bildeston, and where SPRINGBANK lies on this distribution: 12% of semi-detached houses houses are smaller than SPRINGBANK, and 88% of houses are larger. Note that EPC data is not available for all properties in Bildeston.

SPRINGBANK: Plot and Title Map

SPRINGBANK sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of SPRINGBANK, 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 SPRINGBANK). 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 SPRINGBANK?

SPRINGBANK is located on BROOKSFIELD in BILDESTON, in the IP7 postcode district. The below map shows the position of SPRINGBANK on BROOKSFIELD.