2, TINTERN CLOSE, IPSWICH, IP2 9BH - £177,500

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 TINTERN CLOSE is a very small extended detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £216,559. It was last sold for £177,500 in February 2017, which was around 46% below the average February 2017 detached price in the Ipswich local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 TINTERN CLOSE Sold Prices

Land registry data shows two sales for 2 TINTERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 2 TINTERN 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
2017 8 FEB	£177,500	£326,090	46% below HPI
2000 15 DEC	£64,000	£128,246	50% below HPI

2 TINTERN 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 two 2 TINTERN CLOSE sales from December 2000 and February 2017 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 December 2000 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2017 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 TINTERN CLOSE be worth now?

2 TINTERN CLOSE might now be worth an estimated £216,559.

This is based on house price inflation of 22%, between February 2017 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 22% inflationary increase is applied to the most recent sale price for 2 TINTERN CLOSE of £177,500 on 8th February 2017. For the value to have increased from £177,500 to £216,559 over the eight years to February 2025, the following assumptions must hold true:

• The value of 2 TINTERN CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The February 2017 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 2 TINTERN CLOSE has not materially changed since February 2017.

How Large is 2 TINTERN CLOSE?

2 TINTERN CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 TINTERN CLOSE lies on this distribution: 8% of detached houses houses are smaller than 2 TINTERN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 TINTERN CLOSE: Plot and Title Map

2 TINTERN CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 2 TINTERN 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 TINTERN 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 TINTERN CLOSE?

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