11, RILEY CLOSE, IPSWICH, IP1 5QD - £248,500

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

11 RILEY CLOSE is a large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £248,500 in November 2011, which was around 12% above the average November 2011 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

11 RILEY CLOSE Sold Prices

Land registry data shows three sales for 11 RILEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the three 11 RILEY CLOSE sales were for above 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
2011 11 NOV	£248,500	£222,803	12% above HPI
2003 31 JUL	£217,995	£202,339	8% above HPI
2000 20 JUN	£125,000	£118,599	5% above HPI

11 RILEY 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 three 11 RILEY CLOSE sales between June 2000 and November 2011 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 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2011 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 11 RILEY CLOSE?

11 RILEY CLOSE is 124m² according to the EPC inspection conducted in August 2011. 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 11 RILEY CLOSE lies on this distribution: 61% of detached houses are smaller than 11 RILEY CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

11 RILEY CLOSE: Plot and Title Map

11 RILEY CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 11 RILEY 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 11 RILEY 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 11 RILEY CLOSE?

11 RILEY CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 11 on RILEY CLOSE.