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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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12, Sprites Lane, Ipswich is described in the public record as a modern house with 688 ft2 of internal area, sitting on a 175 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 12, Sprites Lane, Ipswich is £233,543 and its rental estimate is £1,120 per month, given the available information and assuming reasonable condition.
Sprites Lane, Sproughton, Ipswich, IP8 falls within the IP8 postal district, in the borough of Babergh.
12, Sprites Lane, Ipswich has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Sprites Lane, Ipswich, we estimate a market value of £245,221 and a rental value of £1,176 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,195 and £1,042 per month respectively.
Over the last year, 12, Sprites Lane, Ipswich has seen its estimated sale value decline by £8,641 (3.7%) and its estimated rental value climb by £30 per month (2.6%). This results in an estimated gross rental yield of 5.8%.
HM Land Registry records the plot of land for 12, Sprites Lane, Ipswich as measuring 175 m2.
That makes it the 8th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
12, Sprites Lane, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 12, Sprites Lane, Ipswich completed on 24th November 2000 at £74,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 12, Sprites Lane, Ipswich have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2024, was 36, Bramblewood, Ipswich, IP8 3RS, a freehold house which sold for £245,000.
Read more about house prices in IP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Sprites Lane, Sproughton, Ipswich, IP8, 12, Sprites Lane, Ipswich comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the IP8 district.
From 12, Sprites Lane, Ipswich, the nearest station is Ipswich, 2.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Sprites Lane, Ipswich, 46.2% of property is privately owned with a mortgage and 35.9% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Sprites Lane, Ipswich, 18.2% of residents are recorded as possessing school level qualifications and 19.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Sprites Lane, Ipswich, the average age was 43.2 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Sprites Lane, Ipswich, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Sprites Lane, Ipswich, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
