50 Spalding Lane, Kesgrave, Ipswich, IP5 2HB is a leasehold flat built between 2003-2006. The property offers approximately 657 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £194,955 , which equates to approximately £297 per square foot. It was last sold on 20 Jan 2023 for £205,000. Since then, the value has decreased by £10,045, representing a 4.9% decrease, or approximately 1.7% per year.

The current estimated value of £194,955 is:

  • 41.0% lower than the average property price on Spalding Lane
  • 37.3% lower than the average in the IP5 2HB postcode area
  • and 32.0% lower than the average price for Ipswich as a whole

At the most recent EPC inspection on 2 December 2022, the property was recorded as owner-occupied.

View sold house prices in IP5 2HB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£194,955
Price Per sq ft (estimate)
£297
Bedroom Count (estimate)
2 bedrooms

EPC Summary

50 Spalding Lane, Kesgrave, Ipswich, Suffolk Coastal, Suffolk, IP5 2HB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 2 Dec 2022.

This property uses electric room 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 Jul 2012, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 34.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in 73% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to IP5 2HB

34 th / 35
Price Rank
37% lower than average
29 th / 29
Size Rank
32% smaller than average
25 th / 29
Price Per Sq FT Rank
7% lower than average

Compared to other properties in IP5 2HB , this flat's estimated value ranks 34th out of 35. Based on price per square foot, it ranks 25th out of 29 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 29th out of 29 properties in its postcode area.

Sale History

Today
£194,955
streetscan.co.uk estimate
-5 %
20 Jan 2023
£205,000
Leasehold
+22.8 %
26 Mar 2019
£167,000
Leasehold
+18 %
29 Sep 2006
£141,500
Leasehold

Area Insights

Similar Properties Sold Nearby

32 Spalding Lane, Kesgrave, Ipswich, IP5 2HB
rooms: 3
size: 743 sq ft
sale price: £142,995
sale date: 12 Dec 2005

Data Sources

The property at 50 Spalding Lane, Kesgrave, Ipswich, IP5 2HB appears three times in the Land Registry records, with the latest transaction recorded on 20 Jan 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Dec 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.
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