1, TOWER MILL ROAD, IPSWICH, IP1 4AQ - £205,000

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 TOWER MILL ROAD is a large extended detached house of 128m², built sometime between 1900 and 1929. It was last sold for £205,000 in November 2014, which was around 21% below the average November 2014 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was E.

1 TOWER MILL ROAD Sold Prices

Land registry data shows five sales for 1 TOWER MILL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the five 1 TOWER MILL ROAD 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
2014 28 NOV	£205,000	£260,828	21% below HPI
2009 28 JUL	£168,000	£202,061	17% below HPI
2005 15 DEC	£157,500	£215,564	27% below HPI
2002 11 DEC	£150,000	£181,081	17% below HPI
2002 17 JAN	£70,000	£146,714	52% below HPI

1 TOWER MILL ROAD 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 five 1 TOWER MILL ROAD sales between January 2002 and November 2014 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 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 TOWER MILL ROAD?

1 TOWER MILL ROAD is 128m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 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 TOWER MILL ROAD lies on this distribution: 65% of detached houses are smaller than 1 TOWER MILL ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

1 TOWER MILL ROAD: Plot and Title Map

1 TOWER MILL ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 1 TOWER MILL ROAD, 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 TOWER MILL ROAD). 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 TOWER MILL ROAD?

1 TOWER MILL ROAD is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 1 on TOWER MILL ROAD.