31 Springfield Lane

    31, SPRINGFIELD LANE, IPSWICH, IP1 4EL

    This terraced freehold property on Springfield Lane last sold in August 2014 for £161,000. Based on price growth in the IP1 district since then, its estimated current value is £230,279 — placing it in the 32nd percentile nationally and the 53rd percentile within IP1. The property covers 86 m² (926 sq ft), giving an estimated value of £2,678 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £161,000

    Aug 2014

    Estimated Valuation

    £230,279

    Est. £/sq ft

    £249/sq ft

    £2,678/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateJun 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2014

    £161,000

    23 Jan 2004

    £128,000

    Key Metrics

    Estimated valuation£230,279
    Value per sq ft / m²£249/sq ft (£2,678/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile53rd percentile
    National percentile32nd percentile

    District Context — IP1

    IP1 covers central Ipswich and its immediate surroundings in Suffolk, positioned in the East Anglian region. It is a mixed urban neighbourhood with a younger demographic profile and a notably high proportion of private rental accommodation.

    Average Property Price - IP1

    £255,975

    29

    National percentile

    Average Net Household Income - IP1

    £37,502

    46

    National percentile

    10-Year Annualised Price Growth - IP1

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP1

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