1A, PRESTON DRIVE, IPSWICH, IP1 6DR - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1A PRESTON DRIVE is a midsized detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £350,075. It was last sold for £320,000 in December 2020, which was around 12% below the average December 2020 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

1A PRESTON DRIVE Sold Prices

Land registry data shows two sales for 1A PRESTON DRIVE 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. One of the two 1A PRESTON DRIVE sales was for below the average price, whilst the other was 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
2020 18 DEC	£320,000	£363,667	12% below HPI
1995 11 JAN	£88,500	£75,353	17% above HPI

1A PRESTON DRIVE 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 1A PRESTON DRIVE sales from January 1995 and December 2020 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 January 1995 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1A PRESTON DRIVE be worth now?

1A PRESTON DRIVE might now be worth an estimated £350,075.

This is based on house price inflation of 9.4%, between December 2020 and February 2025, for 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 9.4% inflationary increase is applied to the most recent sale price for 1A PRESTON DRIVE of £320,000 on 18th December 2020. For the value to have increased from £320,000 to £350,075 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1A PRESTON DRIVE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The December 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1A PRESTON DRIVE has not materially changed since December 2020.

How Large is 1A PRESTON DRIVE?

1A PRESTON DRIVE is 109m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% 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 1A PRESTON DRIVE lies on this distribution: 45% of detached houses houses are smaller than 1A PRESTON DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

1A PRESTON DRIVE: Plot and Title Map

1A PRESTON DRIVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 1A PRESTON DRIVE, 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 1A PRESTON DRIVE). 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 1A PRESTON DRIVE?

1A PRESTON DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 1A on PRESTON DRIVE.