2, MARBLED WHITE DRIVE, PINEWOOD, IPSWICH, IP8 3TL - £235,000

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 MARBLED WHITE DRIVE is a very small terraced house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £269,224. It was last sold for £235,000 in June 2020, which was around 11% above the average June 2020 terraced price in the Babergh local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 MARBLED WHITE DRIVE Sold Prices

Land registry data shows three sales for 2 MARBLED WHITE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. All of the three 2 MARBLED WHITE DRIVE sales were for above 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 12 JUN	£235,000	£211,112	11% above HPI
2016 22 JUN	£210,000	£184,812	14% above HPI
2001 24 AUG	£99,995	£71,540	40% above HPI

2 MARBLED WHITE DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Babergh local authority area over time, sourced from the HPI. The three 2 MARBLED WHITE DRIVE sales between August 2001 and June 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 June 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 MARBLED WHITE DRIVE be worth now?

2 MARBLED WHITE DRIVE might now be worth an estimated £269,224.

This is based on house price inflation of 14.6%, between June 2020 and June 2025, for terraced houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 2 MARBLED WHITE DRIVE of £235,000 on 12th June 2020. For the value to have increased from £235,000 to £269,224 over the five years to June 2025, the following assumptions must hold true:

• The value of 2 MARBLED WHITE DRIVE has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The June 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARBLED WHITE DRIVE has not materially changed since June 2020.

How Large is 2 MARBLED WHITE DRIVE?

2 MARBLED WHITE DRIVE is 76m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of terraced houses houses in Ipswich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ipswich, and where 2 MARBLED WHITE DRIVE lies on this distribution: 10% of terraced houses houses are smaller than 2 MARBLED WHITE DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 MARBLED WHITE DRIVE: Plot and Title Map

2 MARBLED WHITE DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 2 MARBLED WHITE DRIVE, 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 MARBLED WHITE DRIVE). 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 MARBLED WHITE DRIVE?

2 MARBLED WHITE DRIVE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 2 on MARBLED WHITE DRIVE.