2, GRIFFITHS CLOSE, IPSWICH, IP4 3ER - £465,000

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.

2 GRIFFITHS CLOSE is a large detached house of 141m², which could now be worth an estimated £471,246. It was last sold for £465,000 in October 2024, which was around 18% above the average October 2024 detached price in the Ipswich local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

2 GRIFFITHS CLOSE Sold Prices

Land registry data shows three sales for 2 GRIFFITHS 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. Two of the three 2 GRIFFITHS CLOSE sales were for above the average price, whilst one was 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
2024 4 OCT	£465,000	£392,573	18% above HPI
2019 4 JAN	£1,250	£348,399	100% below HPI
2016 1 JUL	£368,368	£307,834	20% above HPI

2 GRIFFITHS 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 GRIFFITHS CLOSE sales between July 2016 and October 2024 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 2019 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the October 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 GRIFFITHS CLOSE be worth now?

2 GRIFFITHS CLOSE might now be worth an estimated £471,246.

This is based on house price inflation of 1.3%, between October 2024 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 1.3% inflationary increase is applied to the most recent sale price for 2 GRIFFITHS CLOSE of £465,000 on 4th October 2024. For the value to have increased from £465,000 to £471,246 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 2 GRIFFITHS CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The October 2024 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRIFFITHS CLOSE has not materially changed since October 2024.

How Large is 2 GRIFFITHS CLOSE?

2 GRIFFITHS CLOSE is 141m² according to the EPC inspection conducted in December 2015. This puts it in the largest 30% 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 GRIFFITHS CLOSE lies on this distribution: 73% of detached houses houses are smaller than 2 GRIFFITHS CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 GRIFFITHS CLOSE: Plot and Title Map

2 GRIFFITHS CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 GRIFFITHS 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 GRIFFITHS 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 GRIFFITHS CLOSE?

2 GRIFFITHS CLOSE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 2 on GRIFFITHS CLOSE.