2, PARK GATE, IPSWICH, IP1 3TU - £767,500

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 PARK GATE is a very large detached house of 281m², which could now be worth an estimated £880,041. It was last sold for £767,500 in July 2020, which was around 121% above the average July 2020 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was B.

2 PARK GATE Sold Prices

Land registry data shows three sales for 2 PARK GATE 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 PARK GATE 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 24 JUL	£767,500	£346,969	121% above HPI
2016 24 MAR	£810,000	£293,564	176% above HPI
2010 29 APR	£303,264	£229,768	32% above HPI

2 PARK GATE 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 PARK GATE sales between April 2010 and July 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 March 2016 sale was for 176% above the HPI. So the extrapolation line tracks at 176% above the HPI over time, until the July 2020 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might 2 PARK GATE be worth now?

2 PARK GATE might now be worth an estimated £880,041.

This is based on house price inflation of 14.7%, between July 2020 and February 2025, for 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 14.7% inflationary increase is applied to the most recent sale price for 2 PARK GATE of £767,500 on 24th July 2020. For the value to have increased from £767,500 to £880,041 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 2 PARK GATE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The July 2020 sale price of £767,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK GATE has not materially changed since July 2020.

How Large is 2 PARK GATE?

2 PARK GATE is 281m² according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 2 PARK GATE lies on this distribution: 98% of detached houses houses are smaller than 2 PARK GATE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 PARK GATE: Plot and Title Map

2 PARK GATE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 PARK GATE, 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 PARK GATE). 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 PARK GATE?

2 PARK GATE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 2 on PARK GATE.