1, HOLLYCROFT CLOSE, IPSWICH, IP1 6QW - £351,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 HOLLYCROFT CLOSE is a midsized extended detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £380,546. It was last sold for £351,000 in March 2021, which was around 4% below the average March 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

1 HOLLYCROFT CLOSE Sold Prices

Land registry data shows two sales for 1 HOLLYCROFT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 1 HOLLYCROFT 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
2021 2 MAR	£351,000	£366,957	4% below HPI
2004 29 JUL	£217,500	£220,611	1% below HPI

1 HOLLYCROFT 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 two 1 HOLLYCROFT CLOSE sales from July 2004 and March 2021 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 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 HOLLYCROFT CLOSE be worth now?

1 HOLLYCROFT CLOSE might now be worth an estimated £380,546.

This is based on house price inflation of 8.4%, between March 2021 and February 2025, 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 8.4% inflationary increase is applied to the most recent sale price for 1 HOLLYCROFT CLOSE of £351,000 on 2nd March 2021. For the value to have increased from £351,000 to £380,546 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 1 HOLLYCROFT CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The March 2021 sale price of £351,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOLLYCROFT CLOSE has not materially changed since March 2021.

How Large is 1 HOLLYCROFT CLOSE?

1 HOLLYCROFT CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 HOLLYCROFT CLOSE lies on this distribution: 57% of detached houses houses are smaller than 1 HOLLYCROFT CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

1 HOLLYCROFT CLOSE: Plot and Title Map

1 HOLLYCROFT CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 1 HOLLYCROFT 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 HOLLYCROFT 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 HOLLYCROFT CLOSE?

1 HOLLYCROFT CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 1 on HOLLYCROFT CLOSE.