40 Springfield Lane, Ipswich, IP1 4EW is a freehold semi-detached property built between 1900-1929. The property offers approximately 1,238 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £239,590 , which equates to approximately £194 per square foot. It was last sold on 21 Nov 2024 for £232,500. Since then, the value has increased by £7,090, representing a 3.0% increase, or approximately 2.9% per year.

The current estimated value of £239,590 is:

  • 2.9% higher than the average property price on Springfield Lane
  • 5.2% higher than the average in the IP1 4EW postcode area
  • and 16.4% lower than the average price for Ipswich as a whole

At the most recent EPC inspection on 28 August 2024, the property was recorded as owner-occupied.

View sold house prices in IP1 4EW

Building approximate location

About Property

Type
Semi-Detached House
Built
1900-1929
Interior Size
1238 sq ft
Tenure
Freehold
Price (estimate)
£239,590
Price Per sq ft (estimate)
£194
Bedroom Count (estimate)
4 bedrooms

EPC Summary

40 Springfield Lane, Ipswich, Suffolk, IP1 4EW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Aug 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Nov 2013. The rating of D is unchanged, though the energy efficiency score decreased by 8.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 350 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was changed from low energy lighting in 86% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 350 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP1 4EW

16 th / 26
Price Rank
5% higher than average
2 nd / 19
Size Rank
27% bigger than average
18 th / 19
Price Per Sq FT Rank
17% lower than average

Compared to other properties in IP1 4EW , this house's estimated value ranks 16th out of 26. Based on price per square foot, it ranks 18th out of 19 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 2nd out of 19 properties in its postcode area.

Sale History

Today
£239,590
streetscan.co.uk estimate
+3 %
21 Nov 2024
£232,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1152 sq ft
sale price: £220,000
sale date: 20 Mar 2019
rooms: 5
size: 1119 sq ft
sale price: £195,000
sale date: 1 Feb 2019
rooms: 5
size: 1256 sq ft
sale price: £199,000
sale date: 21 Sep 2018
rooms: 6
size: 1238 sq ft
sale price: £275,000
sale date: 17 Apr 2019
rooms: 5
size: 1071 sq ft
sale price: £155,000
sale date: 5 Apr 2013

Data Sources

The property at 40 Springfield Lane, Ipswich, Suffolk, IP1 4EW appears once in the Land Registry records, with the transaction recorded on 21 Nov 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Aug 2024. 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.