Virginia House Back Lane

    VIRGINIA HOUSE, BACK LANE, MONKS ELEIGH, IPSWICH, IP7 7BA

    This detached freehold property on Back Lane last sold in July 2022 for £680,000. Based on price growth in the IP7 district since then, its estimated current value is £681,897 — placing it in the 89th percentile nationally and the 89th percentile within IP7. The property covers 162 m² (1,744 sq ft), giving an estimated value of £4,209 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,744 sq ft

    162 m²

    Last Sale Price

    £680,000

    Jul 2022

    Estimated Valuation

    £681,897

    Est. £/sq ft

    £391/sq ft

    £4,209/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialC
    Floor area1,744 sq ft (162 m²)
    EPC dateJul 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    13 Jul 2022

    £680,000

    8 Aug 2018

    £540,000

    4 May 2017

    £495,000

    Key Metrics

    Estimated valuation£681,897
    Value per sq ft / m²£391/sq ft (£4,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP7 district percentile89th percentile
    National percentile89th percentile

    District Context — IP7

    IP7 covers the mid-Suffolk area, positioned between Norwich and the central market towns of the region. It is a predominantly rural district with a settled, older demographic and a focus on established residential communities.

    Average Property Price - IP7

    £418,974

    70

    National percentile

    Average Net Household Income - IP7

    £41,537

    64

    National percentile

    10-Year Annualised Price Growth - IP7

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP7

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