1, BUTLEY CLOSE, IPSWICH, IP2 9TR - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BUTLEY CLOSE is a very small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £265,682. It was last sold for £220,000 in January 2017, which was around 32% below the average January 2017 detached price in the Ipswich local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

1 BUTLEY CLOSE Sold Prices

Land registry data shows four sales for 1 BUTLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the four 1 BUTLEY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 27 JAN	£220,000	£325,332	32% below HPI
2013 19 JUL	£187,000	£234,414	20% below HPI
2007 9 AUG	£150,000	£254,846	41% below HPI
2002 28 JUN	£104,950	£164,831	36% below HPI

1 BUTLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The four 1 BUTLEY CLOSE sales between June 2002 and January 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 BUTLEY CLOSE be worth now?

1 BUTLEY CLOSE might now be worth an estimated £265,682.

This is based on house price inflation of 20.8%, between January 2017 and December 2024, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 1 BUTLEY CLOSE of £220,000 on 27th January 2017. For the value to have increased from £220,000 to £265,682 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 1 BUTLEY CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The January 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BUTLEY CLOSE has not materially changed since January 2017.

How Large is 1 BUTLEY CLOSE?

1 BUTLEY CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 1 BUTLEY CLOSE lies on this distribution: 20% of detached houses houses are smaller than 1 BUTLEY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

1 BUTLEY CLOSE: Plot and Title Map

1 BUTLEY CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 1 BUTLEY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BUTLEY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BUTLEY CLOSE?

1 BUTLEY CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 1 on BUTLEY CLOSE.