18, MALKIN CLOSE, IPSWICH, IP1 6FE - £224,000

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.

18 MALKIN CLOSE is a small semi-detached house of 101m², which could now be worth an estimated £267,373. It was last sold for £224,000 in June 2018, which was around 2% above the average June 2018 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

18 MALKIN CLOSE Sold Prices

Land registry data shows two sales for 18 MALKIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 18 MALKIN 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
2018 15 JUN	£224,000	£219,458	2% above HPI
2013 20 DEC	£169,950	£154,470	10% above HPI

18 MALKIN 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 two 18 MALKIN CLOSE sales from December 2013 and June 2018 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 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 18 MALKIN CLOSE be worth now?

18 MALKIN CLOSE might now be worth an estimated £267,373.

This is based on house price inflation of 19.4%, between June 2018 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 19.4% inflationary increase is applied to the most recent sale price for 18 MALKIN CLOSE of £224,000 on 15th June 2018. For the value to have increased from £224,000 to £267,373 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 18 MALKIN CLOSE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The June 2018 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MALKIN CLOSE has not materially changed since June 2018.

How Large is 18 MALKIN CLOSE?

18 MALKIN CLOSE is 101m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% 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 18 MALKIN CLOSE lies on this distribution: 36% of semi-detached houses houses are smaller than 18 MALKIN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

18 MALKIN CLOSE: Plot and Title Map

18 MALKIN CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 18 MALKIN 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 18 MALKIN 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 18 MALKIN CLOSE?

18 MALKIN CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 18 on MALKIN CLOSE.