17, BURNET CLOSE, PINEWOOD, IPSWICH, IP8 3TN - £315,000

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.

17 BURNET CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £341,332. It was last sold for £315,000 in April 2024, which was around 30% below the average April 2024 detached price in the Babergh local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

17 BURNET CLOSE Sold Prices

Land registry data shows three sales for 17 BURNET 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 Babergh local authority area for the corresponding sale date. All of the three 17 BURNET 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
2024 29 APR	£315,000	£451,751	30% below HPI
2017 30 AUG	£262,000	£412,245	36% below HPI
2001 28 FEB	£109,995	£139,181	21% below HPI

17 BURNET 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 three 17 BURNET CLOSE sales between February 2001 and April 2024 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 August 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 17 BURNET CLOSE be worth now?

17 BURNET CLOSE might now be worth an estimated £341,332.

This is based on house price inflation of 8.4%, between April 2024 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.4% inflationary increase is applied to the most recent sale price for 17 BURNET CLOSE of £315,000 on 29th April 2024. For the value to have increased from £315,000 to £341,332 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 17 BURNET CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The April 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BURNET CLOSE has not materially changed since April 2024.

How Large is 17 BURNET CLOSE?

17 BURNET CLOSE is 83m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 17 BURNET CLOSE lies on this distribution: 16% of detached houses houses are smaller than 17 BURNET CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

17 BURNET CLOSE: Plot and Title Map

17 BURNET CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 17 BURNET 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 17 BURNET 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 17 BURNET CLOSE?

17 BURNET CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 17 on BURNET CLOSE.