3, RANSOME CLOSE, SPROUGHTON, IPSWICH, IP8 3DG - £183,000

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.

3 RANSOME CLOSE is a very small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £301,054. It was last sold for £183,000 in September 2011, which was around 37% below the average September 2011 detached price in the Babergh local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

3 RANSOME CLOSE Sold Prices

Land registry data shows one sale for 3 RANSOME CLOSE 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
2011 1 SEP	£183,000	£290,365	37% below HPI

What might 3 RANSOME CLOSE be worth now?

3 RANSOME CLOSE might now be worth an estimated £301,054.

This is based on house price inflation of 64.5%, between September 2011 and May 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 64.5% inflationary increase is applied to the most recent sale price for 3 RANSOME CLOSE of £183,000 on 1st September 2011. For the value to have increased from £183,000 to £301,054 over the fifteen years and four months to May 2026, the following assumptions must hold true:

• The value of 3 RANSOME CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The September 2011 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RANSOME CLOSE has not materially changed since September 2011.

How Large is 3 RANSOME CLOSE?

3 RANSOME CLOSE is 89m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses in Sproughton, based on EPC data. The below chart shows the distribution of detached houses by size in Sproughton, and where 3 RANSOME CLOSE lies on this distribution: 17% of detached houses are smaller than 3 RANSOME CLOSE, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Sproughton.

3 RANSOME CLOSE: Plot

3 RANSOME CLOSE sits on a plot of roughly 0.072 of an acre, or 291m².

Where is 3 RANSOME CLOSE?

3 RANSOME CLOSE is located in SPROUGHTON, in the IP8 postcode district.