304, SPRING ROAD, IPSWICH, IP4 5NL - £175,000

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.

304 SPRING ROAD is a large terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £204,034. It was last sold for £175,000 in August 2020, which was about the average August 2020 terraced price in the Ipswich local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

304 SPRING ROAD Sold Prices

Land registry data shows seven sales for 304 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. The seven 304 SPRING ROAD sales were a mix of roughly equal to the average price, and 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
2020 21 AUG	£175,000	£174,778	Close to HPI
2016 9 MAR	£137,500	£148,620	7% below HPI
2015 17 MAR	£104,000	£138,271	25% below HPI
2003 17 OCT	£75,000	£92,958	19% below HPI
1997 11 APR	£36,250	£36,827	2% below HPI
1997 11 APR	£35,000	£36,827	5% below HPI
1996 19 JAN	£22,500	£32,971	32% below HPI

What might 304 SPRING ROAD be worth now?

304 SPRING ROAD might now be worth an estimated £204,034.

This is based on house price inflation of 16.6%, between August 2020 and May 2026, for terraced houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 304 SPRING ROAD of £175,000 on 21st August 2020. For the value to have increased from £175,000 to £204,034 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 304 SPRING ROAD has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The August 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 304 SPRING ROAD has not materially changed since August 2020.

How Large is 304 SPRING ROAD?

304 SPRING ROAD is 84m² according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of terraced houses in Ipswich, based on EPC data. The below chart shows the distribution of terraced houses by size in Ipswich, and where 304 SPRING ROAD lies on this distribution: 66% of terraced houses are smaller than 304 SPRING ROAD, and 32% of terraced houses are larger. Note that EPC data is not available for all properties in Ipswich.

304 SPRING ROAD: Plot

304 SPRING ROAD sits on a plot of roughly 0.035 of an acre, or 141m².

Where is 304 SPRING ROAD?

304 SPRING ROAD is located in IPSWICH, in the IP4 postcode district.