62 Foundry Lane, Ipswich, IP4 1DJ is a leasehold flat built between 2007-2011. The property offers approximately 678 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £117,821 , which equates to approximately £174 per square foot. It was last sold on 11 Mar 2024 for £118,833. Since then, the value has decreased by £1,012, representing a 0.9% decrease, or approximately 0.5% per year.

The current estimated value of £117,821 is:

  • 17.9% lower than the average property price on Foundry Lane
  • 19.5% lower than the average in the IP4 1DJ postcode area
  • and 57.2% lower than the average price for Ipswich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 May 2023, the property was recorded as owner-occupied.

View sold house prices in IP4 1DJ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£117,821
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
2 bedrooms

EPC Summary

62 Foundry Lane, Ipswich, Suffolk, IP4 1DJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 May 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Jun 2013, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.1%.

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 hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 27% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP4 1DJ

29 th / 78
Price Rank
20% lower than average
10 th / 66
Size Rank
29% bigger than average
59 th / 66
Price Per Sq FT Rank
38% lower than average

Compared to other properties in IP4 1DJ , this flat's estimated value ranks 29th out of 78. Based on price per square foot, it ranks 59th out of 66 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 10th out of 66 properties in its postcode area.

Sale History

Today
£117,821
streetscan.co.uk estimate
-1 %
11 Mar 2024
£118,833
Leasehold
+45.8 %
3 Oct 2014
£81,500
Leasehold
-40.5 %
4 Jun 2007
£136,900
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £167,000
sale date: 23 Sep 2024
rooms: 2
size: 646 sq ft
sale price: £126,333
sale date: 20 May 2024
rooms: 2
size: 592 sq ft
sale price: £123,833
sale date: 13 May 2024
rooms: 3
size: 764 sq ft
sale price: £165,500
sale date: 29 Apr 2024
rooms: 3
size: 721 sq ft
sale price: £148,333
sale date: 11 Mar 2024

Data Sources

The property at 62 Foundry Lane, Ipswich, IP4 1DJ appears three times in the Land Registry records, with the latest transaction recorded on 11 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 May 2023. 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.