12 Springland Close, Ipswich, IP4 5BZ is a leasehold terraced property built between 1967-1975. The property offers approximately 678 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £145,950 , which equates to approximately £215 per square foot. It was last sold on 22 Dec 2021 for £135,000. Since then, the value has increased by £10,950, representing a 8.1% increase, or approximately 2.0% per year.

The current estimated value of £145,950 is:

  • 21.3% higher than the average property price on Springland Close
  • 28.4% higher than the average in the IP4 5BZ postcode area
  • and 47.0% lower than the average price for Ipswich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 10 March 2022, the property was recorded as rented.

View sold house prices in IP4 5BZ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£145,950
Price Per sq ft (estimate)
£215
Bedroom Count (estimate)
2 bedrooms

EPC Summary

12 Springland Close, Ipswich, Suffolk, IP4 5BZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 10 Mar 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Jun 2021, when the property was rated E. Since then, the rating has improved to B, with the energy efficiency score increasing by 97.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric ceiling heating to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 350 mm loft insulation, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 350 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP4 5BZ

4 th / 19
Price Rank
28% higher than average
1 st / 17
Size Rank
35% bigger than average
13 th / 17
Price Per Sq FT Rank
5% lower than average

Compared to other properties in IP4 5BZ , this flat's estimated value ranks 4th out of 19. Based on price per square foot, it ranks 13th out of 17 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 17 properties in its postcode area.

Sale History

Today
£145,950
streetscan.co.uk estimate
+8 %
22 Dec 2021
£135,000
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 527 sq ft
sale price: £86,500
sale date: 21 Aug 2023
rooms: 2
size: 441 sq ft
sale price: £85,750
sale date: 9 May 2016
rooms: 2
size: 538 sq ft
sale price: £138,000
sale date: 19 Dec 2022
rooms: 2
size: 506 sq ft
sale price: £78,000
sale date: 13 Dec 2013
rooms: 3
size: 501 sq ft
sale price: £108,000
sale date: 24 Sep 2020

Data Sources

The property at 12 Springland Close, Ipswich, Suffolk, IP4 5BZ appears once in the Land Registry records, with the transaction recorded on 22 Dec 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Mar 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.