5, BACK LANE, CLAYDON, IPSWICH, IP6 0EB - £177,000

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.

5 BACK LANE is a semi-detached house, which could now be worth an estimated £276,991. It was last sold for £177,000 in October 2007, which was about the average October 2007 semi-detached price in the Mid Suffolk local authority area.

5 BACK LANE Sold Prices

Land registry data shows four sales for 5 BACK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. The four 5 BACK LANE sales were a mix of roughly equal to the average price, and 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
2007 8 OCT	£177,000	£177,871	Close to HPI
2005 25 JUL	£155,000	£154,432	Close to HPI
2001 30 JUL	£95,000	£83,197	14% above HPI
1997 24 APR	£57,500	£50,492	14% above HPI

What might 5 BACK LANE be worth now?

5 BACK LANE might now be worth an estimated £276,991.

This is based on house price inflation of 56.5%, between October 2007 and May 2026, for semi-detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.5% inflationary increase is applied to the most recent sale price for 5 BACK LANE of £177,000 on 8th October 2007. For the value to have increased from £177,000 to £276,991 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 5 BACK LANE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The October 2007 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BACK LANE has not materially changed since October 2007.

Where is 5 BACK LANE?

5 BACK LANE is located in CLAYDON, in the IP6 postcode district.