16, LARCHWOOD CLOSE, IPSWICH, IP2 0DA - £393,000

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

16 LARCHWOOD CLOSE is a small detached house of 90m². It was last sold for £393,000 in December 2022, which was around 19% below the average December 2022 detached price in the Babergh local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

16 LARCHWOOD CLOSE Sold Prices

Land registry data shows two sales for 16 LARCHWOOD 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 Babergh local authority area for the corresponding sale date. Both of the two 16 LARCHWOOD 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
2022 19 DEC	£393,000	£484,813	19% below HPI
2020 3 DEC	£315,000	£428,574	27% below HPI

16 LARCHWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 16 LARCHWOOD CLOSE sales from December 2020 and December 2022 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 December 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 16 LARCHWOOD CLOSE?

16 LARCHWOOD CLOSE is 90m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 16 LARCHWOOD CLOSE lies on this distribution: 24% of detached houses are smaller than 16 LARCHWOOD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

16 LARCHWOOD CLOSE: Plot and Title Map

16 LARCHWOOD CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 16 LARCHWOOD 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 16 LARCHWOOD 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 16 LARCHWOOD CLOSE?

16 LARCHWOOD CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 16 on LARCHWOOD CLOSE.