2, NETLEY CLOSE, IPSWICH, IP2 9YB - £140,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 NETLEY CLOSE is a very small extended semi-detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £252,792. It was last sold for £140,000 in December 2011, which was around 2% below the average December 2011 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

2 NETLEY CLOSE Sold Prices

Land registry data shows two sales for 2 NETLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 2 NETLEY 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
2011 9 DEC	£140,000	£143,450	2% below HPI
2003 25 NOV	£118,000	£122,405	4% below HPI

2 NETLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 2 NETLEY CLOSE sales from November 2003 and December 2011 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 November 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2011 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 NETLEY CLOSE be worth now?

2 NETLEY CLOSE might now be worth an estimated £252,792.

This is based on house price inflation of 80.6%, between December 2011 and December 2024, for semi-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 80.6% inflationary increase is applied to the most recent sale price for 2 NETLEY CLOSE of £140,000 on 9th December 2011. For the value to have increased from £140,000 to £252,792 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 2 NETLEY CLOSE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The December 2011 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NETLEY CLOSE has not materially changed since December 2011.

How Large is 2 NETLEY CLOSE?

2 NETLEY CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of semi-detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ipswich, and where 2 NETLEY CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 2 NETLEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 NETLEY CLOSE: Plot and Title Map

2 NETLEY CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 NETLEY 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 NETLEY 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 NETLEY CLOSE?

2 NETLEY CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 2 on NETLEY CLOSE.