40 Springfield Lane

    40, SPRINGFIELD LANE, IPSWICH, IP1 4EW

    This semi-detached freehold property on Springfield Lane last sold in November 2024 for £232,500. Based on price growth in the IP1 district since then, its estimated current value is £223,813 — placing it in the 31st percentile nationally and the 50th percentile within IP1. The property covers 115 m² (1,238 sq ft), giving an estimated value of £1,946 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £232,500

    Nov 2024

    Estimated Valuation

    £223,813

    Est. £/sq ft

    £181/sq ft

    £1,946/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageB
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,238 sq ft (115 m²)
    EPC dateAug 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Nov 2024

    £232,500

    Key Metrics

    Estimated valuation£223,813
    Value per sq ft / m²£181/sq ft (£1,946/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile50th percentile
    National percentile31st 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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