1, MOUNT DRIVE, PURDIS FARM, IPSWICH, IP3 8UU - £367,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MOUNT DRIVE is a small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £367,500 in September 2023, which was around 15% below the average September 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

1 MOUNT DRIVE Sold Prices

Land registry data shows two sales for 1 MOUNT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 MOUNT DRIVE 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
2023 1 SEP	£367,500	£432,706	15% below HPI
2019 22 NOV	£302,000	£352,095	14% below HPI

1 MOUNT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 1 MOUNT DRIVE sales from November 2019 and September 2023 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 November 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 MOUNT DRIVE?

1 MOUNT DRIVE is 102m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 1 MOUNT DRIVE lies on this distribution: 37% of detached houses are smaller than 1 MOUNT DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

1 MOUNT DRIVE: Plot and Title Map

1 MOUNT DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 1 MOUNT DRIVE, 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 MOUNT DRIVE). 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 MOUNT DRIVE?

1 MOUNT DRIVE is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 1 on MOUNT DRIVE.