2, IRELAND ROAD, IPSWICH, IP3 0EJ - £178,000

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 IRELAND ROAD is a very small detached house of 54m², built sometime between 1991 and 1995. It was last sold for £178,000 in March 2021, which was around 51% below the average March 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

2 IRELAND ROAD Sold Prices

Land registry data shows three sales for 2 IRELAND ROAD 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 IRELAND ROAD 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
2021 5 MAR	£178,000	£360,421	51% below HPI
2004 14 OCT	£112,500	£225,257	50% below HPI
2002 25 OCT	£85,500	£173,208	51% below HPI

2 IRELAND ROAD 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 IRELAND ROAD sales between October 2002 and March 2021 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 October 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2021 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 2 IRELAND ROAD?

2 IRELAND ROAD is 54m² according to the EPC inspection conducted in September 2020. 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 IRELAND ROAD lies on this distribution: 1% of detached houses are smaller than 2 IRELAND ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 IRELAND ROAD: Plot and Title Map

2 IRELAND ROAD sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 2 IRELAND ROAD, 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 IRELAND ROAD). 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 IRELAND ROAD?

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