518 Spring Road, Ipswich, IP4 5LZ is a freehold terraced property built between 1900-1929. The property offers approximately 667 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £163,560 , which equates to approximately £245 per square foot. It was last sold on 24 Feb 2023 for £166,250. Since then, the value has decreased by £2,690, representing a 1.6% decrease, or approximately 0.6% per year.

The current estimated value of £163,560 is:

  • 22.2% lower than the average property price on Spring Road
  • 17.4% lower than the average in the IP4 5LZ postcode area
  • and 40.5% lower than the average price for Ipswich as a whole

At the most recent EPC inspection on 30 September 2024, the property was recorded as rented.

View sold house prices in IP4 5LZ

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
667 sq ft
Tenure
Freehold
Price (estimate)
£163,560
Price Per sq ft (estimate)
£245
Bedroom Count (estimate)
2 bedrooms

EPC Summary

518 Spring Road, Ipswich, Suffolk, IP4 5LZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Sep 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 9 Oct 2014, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 25.9%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP4 5LZ

23 rd / 26
Price Rank
17% lower than average
16 th / 21
Size Rank
15% smaller than average
10 th / 21
Price Per Sq FT Rank
3% lower than average

Compared to other properties in IP4 5LZ , this house's estimated value ranks 23th out of 26. Based on price per square foot, it ranks 10th out of 21 properties. In terms of size, this home ranks 16th out of 21 properties in its postcode area.

Sale History

Today
£163,560
streetscan.co.uk estimate
-2 %
24 Feb 2023
£166,250
Leasehold
+27.9 %
29 Jul 2016
£130,000
Leasehold
+217.1 %
11 Feb 2000
£41,000
Leasehold
+24.2 %
28 Aug 1998
£33,000
Leasehold
+50 %
24 Oct 1995
£22,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £180,000
sale date: 14 Nov 2022
rooms: 5
size: 732 sq ft
sale price: £151,000
sale date: 14 Feb 2020
rooms: 4
size: 635 sq ft
sale price: £142,100
sale date: 5 Apr 2018
rooms: 4
size: 592 sq ft
sale price: £134,000
sale date: 26 Oct 2016
rooms: 3
size: 721 sq ft
sale price: £110,000
sale date: 13 Mar 2013

Data Sources

The property at 518 Spring Road, Ipswich, IP4 5LZ appears five times in the Land Registry records, with the latest transaction recorded on 24 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Sep 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.