17, NEWARK CLOSE, IPSWICH, IP2 9TS - £117,000

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

17 NEWARK CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £117,000 in December 2008, which was around 44% below the average December 2008 detached price in the Ipswich local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

17 NEWARK CLOSE Sold Prices

Land registry data shows two sales for 17 NEWARK 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 Ipswich local authority area for the corresponding sale date. Both of the two 17 NEWARK 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
2008 19 DEC	£117,000	£209,766	44% below HPI
2000 29 FEB	£77,000	£108,880	29% below HPI

17 NEWARK 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 two 17 NEWARK CLOSE sales from February 2000 and December 2008 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 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2008 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 17 NEWARK CLOSE?

17 NEWARK CLOSE is 77m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 17 NEWARK CLOSE lies on this distribution: 10% of detached houses are smaller than 17 NEWARK CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

17 NEWARK CLOSE: Plot and Title Map

17 NEWARK CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 17 NEWARK 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 NEWARK 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 NEWARK CLOSE?

17 NEWARK CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 17 on NEWARK CLOSE.