674 Old Norwich Road, Ipswich, IP1 6LB is a freehold detached property built in 1954. The property offers approximately 1,389 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 £298,503 , which equates to approximately £215 per square foot. It was last sold on 16 Dec 2020 for £270,000. Since then, the value has increased by £28,503, representing a 10.6% increase, or approximately 2.1% per year.

The current estimated value of £298,503 is:

  • 14.4% lower than the average property price on Old Norwich Road
  • 3.6% lower than the average in the IP1 6LB postcode area
  • and 4.2% higher 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 14 August 2023, the property was recorded as owner-occupied.

View sold house prices in IP1 6LB

Building approximate location

About Property

Type
Detached Bungalow
Built
1954
Interior Size
1389 sq ft
Tenure
Freehold
Price (estimate)
£298,503
Price Per sq ft (estimate)
£215
Bedroom Count (estimate)
4 bedrooms

EPC Summary

674 Old Norwich Road, Ipswich, Suffolk, IP1 6LB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Aug 2023.

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 24 Aug 2020, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from good to very good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from good to very good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to average thermal transmittance 0.15 w/m-¦k, improving energy efficiency from average to very good.
  • The wall construction or insulation changed from cavity wall, filled cavity to average thermal transmittance 0.47 w/m-¦k, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in all fixed outlets to good lighting efficiency, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Very Good
Hot Water
From main system
Very Good
Floor
Average thermal transmittance 0.67 W/m-¦K
Poor
Roof
Average thermal transmittance 0.15 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.47 W/m-¦K
Good
Windows
Fully double glazed
Average
Lighting
Good lighting efficiency
Good

Compared to IP1 6LB

8 th / 11
Price Rank
4% lower than average
3 rd / 7
Size Rank
8% bigger than average
5 th / 7
Price Per Sq FT Rank
11% lower than average

Compared to other properties in IP1 6LB , this bungalow's estimated value ranks 8th out of 11. Based on price per square foot, it ranks 5th out of 7 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 3rd out of 7 properties in its postcode area.

Sale History

Today
£298,503
streetscan.co.uk estimate
+11 %
16 Dec 2020
£270,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1406 sq ft
sale price: £193,000
sale date: 2 Mar 2012
rooms: 6
size: 1475 sq ft
sale price: £550,000
sale date: 23 Feb 2023
rooms: 5
size: 1184 sq ft
sale price: £375,000
sale date: 25 Feb 2022
rooms: 5
size: 1227 sq ft
sale price: £275,000
sale date: 14 Nov 2017

Data Sources

The property at 674 Old Norwich Road, Ipswich, Suffolk, IP1 6LB appears once in the Land Registry records, with the transaction recorded on 16 Dec 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Aug 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.