2, LACEWING CLOSE, PINEWOOD, IPSWICH, IP8 3UD - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LACEWING CLOSE is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £295,000 in August 2020, which was around 27% below the average August 2020 detached price in the Babergh local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

2 LACEWING CLOSE Sold Prices

Land registry data shows three sales for 2 LACEWING 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 LACEWING 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
2020 5 AUG	£295,000	£401,671	27% below HPI
2007 19 DEC	£217,000	£296,389	27% below HPI
2001 30 NOV	£143,995	£168,251	14% below HPI

2 LACEWING 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 LACEWING CLOSE sales between November 2001 and August 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 December 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2020 sale, which was also at 27% below the HPI.

How Large is 2 LACEWING CLOSE?

2 LACEWING CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% 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 LACEWING CLOSE lies on this distribution: 37% of detached houses are smaller than 2 LACEWING CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 LACEWING CLOSE: Plot and Title Map

2 LACEWING CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 LACEWING 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 LACEWING 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 LACEWING CLOSE?

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