2, WHEATFIELDS, WHATFIELD, IPSWICH, IP7 6RB - £395,000

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.

2 WHEATFIELDS is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £392,083. It was last sold for £395,000 in March 2022, which was around 18% below the average March 2022 detached price in the Babergh local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

2 WHEATFIELDS Sold Prices

Land registry data shows one sale for 2 WHEATFIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Babergh 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
2022 18 MAR	£395,000	£483,835	18% below HPI

What might 2 WHEATFIELDS be worth now?

2 WHEATFIELDS might now be worth an estimated £392,083.

This is based on house price deflation of 0.7%, between March 2022 and April 2026, for 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 0.7% deflationary decrease is applied to the most recent sale price for 2 WHEATFIELDS of £395,000 on 18th March 2022. For the value to have decreased from £395,000 to £392,083 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 WHEATFIELDS has moved in line with the HPI for detached houses in the Babergh local authority area.
• The March 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WHEATFIELDS has not materially changed since March 2022.

How Large is 2 WHEATFIELDS?

2 WHEATFIELDS is 90m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Whatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Whatfield, and where 2 WHEATFIELDS lies on this distribution: 17% of detached houses are smaller than 2 WHEATFIELDS, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Whatfield.

2 WHEATFIELDS: Plot

2 WHEATFIELDS sits on a plot of roughly 0.146 of an acre, or 589m².

Where is 2 WHEATFIELDS?

2 WHEATFIELDS is located in WHATFIELD, in the IP7 postcode district.