THIRD MILE, LONDON ROAD, WASHBROOK, IPSWICH, IP8 3LE - £320,000

THIRD MILE is a large detached house of 125m², built sometime between 1930 and 1949. It was last sold for £320,000 in February 2010, which was around 18% above the average February 2010 detached price in the Babergh local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

THIRD MILE Sold Prices

Land registry data shows two sales for THIRD MILE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two THIRD MILE sales were for 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
2010 19 FEB	£320,000	£272,084	18% above HPI
2007 9 FEB	£345,000	£279,855	23% above HPI

THIRD MILE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two THIRD MILE sales from February 2007 and February 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2010 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THIRD MILE?

THIRD MILE is 125m² according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where THIRD MILE lies on this distribution: 63% of detached houses are smaller than THIRD MILE, and 37% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

THIRD MILE: Plot and Title Map

THIRD MILE sits on a plot of roughly 0.419 of an acre, or 1,694m². The below map shows the location of THIRD MILE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THIRD MILE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THIRD MILE?

THIRD MILE is located on LONDON ROAD in WASHBROOK, in the IP8 postcode district. The below map shows the position of THIRD MILE on LONDON ROAD.