56B, SPRING ROAD, IPSWICH, IP4 2RS - £55,000

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.

56B SPRING ROAD is a very small extended flat of 46m², built sometime before 1900, which could now be worth an estimated £106,048. It was last sold for £55,000 in July 2002, which was around 17% below the average July 2002 flat price in the Ipswich local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

56B SPRING ROAD Sold Prices

Land registry data shows one sale for 56B SPRING ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Ipswich 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
2002 10 JUL	£55,000	£66,370	17% below HPI

What might 56B SPRING ROAD be worth now?

56B SPRING ROAD might now be worth an estimated £106,048.

This is based on house price inflation of 92.8%, between July 2002 and May 2026, for flats, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.8% inflationary increase is applied to the most recent sale price for 56B SPRING ROAD of £55,000 on 10th July 2002. For the value to have increased from £55,000 to £106,048 over the 24 years and two months to May 2026, the following assumptions must hold true:

• The value of 56B SPRING ROAD has moved in line with the HPI for flats in the Ipswich local authority area.
• The July 2002 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 56B SPRING ROAD has not materially changed since July 2002.

How Large is 56B SPRING ROAD?

56B SPRING ROAD is 46m², which includes two extensions, according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of flats in Ipswich, based on EPC data. 20% of flats are smaller than 56B SPRING ROAD, and 78% of flats are larger. Note that EPC data is not available for all properties in Ipswich.

56B SPRING ROAD: Plot

56B SPRING ROAD sits on a plot of roughly 0.074 of an acre, or 300m².

Where is 56B SPRING ROAD?

56B SPRING ROAD is located in IPSWICH, in the IP4 postcode district.