14, RILEY CLOSE, IPSWICH, IP1 5QD - £270,000

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.

14 RILEY CLOSE is a very small semi-detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £262,828. It was last sold for £270,000 in February 2023, which was about the average February 2023 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

14 RILEY CLOSE Sold Prices

Land registry data shows four sales for 14 RILEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. The four 14 RILEY CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 21 FEB	£270,000	£269,100	Close to HPI
2019 4 FEB	£217,500	£221,712	2% below HPI
2005 14 DEC	£133,500	£140,819	5% below HPI
2000 25 AUG	£84,950	£73,297	16% above HPI

14 RILEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ipswich local authority area over time, sourced from the HPI. The four 14 RILEY CLOSE sales between August 2000 and February 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 February 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 14 RILEY CLOSE be worth now?

14 RILEY CLOSE might now be worth an estimated £262,828.

This is based on house price deflation of 2.7%, between February 2023 and February 2025, for semi-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 2.7% deflationary decrease is applied to the most recent sale price for 14 RILEY CLOSE of £270,000 on 21st February 2023. For the value to have decreased from £270,000 to £262,828 over the two years to February 2025, the following assumptions must hold true:

• The value of 14 RILEY CLOSE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The February 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RILEY CLOSE has not materially changed since February 2023.

How Large is 14 RILEY CLOSE?

14 RILEY CLOSE is 82m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of semi-detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ipswich, and where 14 RILEY CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 14 RILEY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

14 RILEY CLOSE: Plot and Title Map

14 RILEY CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 14 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 14 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 14 RILEY CLOSE?

14 RILEY CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 14 on RILEY CLOSE.