2B, Castle Lane
2B, Castle Lane
Description & Estimates
2B, Castle Lane, Ipswich is described in the public record as a mid-century house with 409 ft2 of internal area, sitting on a 308 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2B, Castle Lane, Ipswich is £203,875 and its rental estimate is £826 per month, given the available information and assuming reasonable condition.
Castle Lane, Offton, Ipswich, IP8 falls within the IP8 postal district, in the borough of Mid Suffolk.
Our Data Sources
2B, Castle Lane, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated October 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 2B, Castle Lane, Ipswich, we estimate a market value of £214,068 and a rental value of £867 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,603 and £768 per month respectively.
Recent Market Change
Over the last year, 2B, Castle Lane, Ipswich has seen its estimated sale value fall by £7,544 (3.7%) and its estimated rental value move up by £22 per month (2.6%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 2B, Castle Lane, Ipswich as measuring 308 m2.
That makes it the 12th largest plot in the postcode, where 12 of the 20 other houses have recorded plot data.
Energy Efficiency
2B, Castle Lane, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 2B, Castle Lane, Ipswich have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th April 2014, was Church Cottage, The Green, Ipswich, IP8 4LG, a freehold house which sold for £212,434.
Read more about house prices in IP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Castle Lane, Offton, Ipswich, IP8, 2B, Castle Lane, Ipswich comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the IP8 district.
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Schools Nearby
- 2.3kmRingshall School
- 2.7kmElmsett Church of England Primary School
- 2.8kmSomersham Primary School
- 7.1kmClaydon High School
- 7.7kmHadleigh High School
- 8.3kmWestbourne Academy
More reading links
Public Transport Nearby
From 2B, Castle Lane, Ipswich, the nearest station is Needham Market, 6.1 kilometres away.
- 6.1kmNeedham Market
- 9.4kmStowmarket
- 10.9kmWesterfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
