2, RANDWELL CLOSE, IPSWICH, IP4 5ES - £249,950

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 RANDWELL CLOSE is a small extended semi-detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £256,870. It was last sold for £249,950 in March 2024, which was around 2% below the average March 2024 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

2 RANDWELL CLOSE Sold Prices

Land registry data shows two sales for 2 RANDWELL 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. One of the two 2 RANDWELL CLOSE sales was for below the average price, whilst the other was 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
2024 15 MAR	£249,950	£254,895	2% below HPI
1995 28 SEP	£47,500	£45,904	3% above HPI

2 RANDWELL 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 RANDWELL CLOSE sales from September 1995 and March 2024 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 September 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 RANDWELL CLOSE be worth now?

2 RANDWELL CLOSE might now be worth an estimated £256,870.

This is based on house price inflation of 2.8%, between March 2024 and February 2025, 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 2.8% inflationary increase is applied to the most recent sale price for 2 RANDWELL CLOSE of £249,950 on 15th March 2024. For the value to have increased from £249,950 to £256,870 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 2 RANDWELL CLOSE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The March 2024 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 RANDWELL CLOSE has not materially changed since March 2024.

How Large is 2 RANDWELL CLOSE?

2 RANDWELL CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% 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 RANDWELL CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 2 RANDWELL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 RANDWELL CLOSE: Plot and Title Map

2 RANDWELL CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 2 RANDWELL 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 RANDWELL 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 RANDWELL CLOSE?

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