2, MANDY CLOSE, IPSWICH, IP4 5JE - £281,000

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 MANDY CLOSE is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £281,000 in November 2021, which was around 25% below the average November 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

2 MANDY CLOSE Sold Prices

Land registry data shows five sales for 2 MANDY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the five 2 MANDY 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
2021 30 NOV	£281,000	£373,144	25% below HPI
2017 13 OCT	£256,000	£336,600	24% below HPI
2006 30 OCT	£172,500	£238,580	28% below HPI
2000 30 AUG	£79,000	£121,177	35% below HPI
1996 1 JUL	£49,000	£70,486	30% below HPI

2 MANDY 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 five 2 MANDY CLOSE sales between July 1996 and November 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 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 MANDY CLOSE?

2 MANDY CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% 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 MANDY CLOSE lies on this distribution: 20% of detached houses are smaller than 2 MANDY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 MANDY CLOSE: Plot and Title Map

2 MANDY CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 2 MANDY 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 MANDY 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 MANDY CLOSE?

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