2, DAVEY CLOSE, IPSWICH, IP3 0EF - £118,500

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

2 DAVEY CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £213,701. It was last sold for £118,500 in July 2004, which was around 46% below the average July 2004 detached price in the Ipswich local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was B.

2 DAVEY CLOSE Sold Prices

Land registry data shows three sales for 2 DAVEY 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 Ipswich local authority area for the corresponding sale date. All of the three 2 DAVEY 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
2004 30 JUL	£118,500	£220,611	46% below HPI
2001 19 JUL	£30,750	£134,652	77% below HPI
1995 2 MAY	£45,500	£74,024	39% below HPI

2 DAVEY 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 three 2 DAVEY CLOSE sales between May 1995 and July 2004 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 July 2001 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the July 2004 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 DAVEY CLOSE be worth now?

2 DAVEY CLOSE might now be worth an estimated £213,701.

This is based on house price inflation of 80.3%, between July 2004 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 80.3% inflationary increase is applied to the most recent sale price for 2 DAVEY CLOSE of £118,500 on 30th July 2004. For the value to have increased from £118,500 to £213,701 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of 2 DAVEY CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The July 2004 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 2 DAVEY CLOSE has not materially changed since July 2004.

How Large is 2 DAVEY CLOSE?

2 DAVEY CLOSE is 70m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 2 DAVEY CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 DAVEY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 DAVEY CLOSE: Plot and Title Map

2 DAVEY CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 2 DAVEY 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 2 DAVEY 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 2 DAVEY CLOSE?

2 DAVEY CLOSE is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 2 on DAVEY CLOSE.