2, FORESTER CLOSE, PINEWOOD, IPSWICH, IP8 3TF - £237,000

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

2 FORESTER CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £237,000 in March 2016, which was around 35% below the average March 2016 detached price in the Babergh local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2 FORESTER CLOSE Sold Prices

Land registry data shows three sales for 2 FORESTER 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 2 FORESTER 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
2016 9 MAR	£237,000	£362,348	35% below HPI
2012 23 MAR	£176,000	£284,561	38% below HPI
2008 29 FEB	£193,500	£294,643	34% below HPI

2 FORESTER 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 2 FORESTER CLOSE sales between February 2008 and March 2016 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 March 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 FORESTER CLOSE?

2 FORESTER CLOSE is 75m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 2 FORESTER CLOSE lies on this distribution: 9% of detached houses are smaller than 2 FORESTER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 FORESTER CLOSE: Plot and Title Map

2 FORESTER CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 2 FORESTER 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 FORESTER 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 FORESTER CLOSE?

2 FORESTER CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 2 on FORESTER CLOSE.