20, BALMORAL CLOSE, IPSWICH, IP2 9EJ - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 BALMORAL CLOSE is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £320,000 in November 2022, which was around 22% below the average November 2022 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

20 BALMORAL CLOSE Sold Prices

Land registry data shows three sales for 20 BALMORAL CLOSE 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 20 BALMORAL 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
2022 17 NOV	£320,000	£411,755	22% below HPI
2015 3 JUL	£210,000	£272,284	23% below HPI
2009 28 JAN	£128,500	£209,297	39% below HPI

20 BALMORAL 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 three 20 BALMORAL CLOSE sales between January 2009 and November 2022 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 July 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 20 BALMORAL CLOSE?

20 BALMORAL CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 20 BALMORAL CLOSE lies on this distribution: 16% of detached houses are smaller than 20 BALMORAL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

20 BALMORAL CLOSE: Plot and Title Map

20 BALMORAL CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 20 BALMORAL 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 20 BALMORAL 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 20 BALMORAL CLOSE?

20 BALMORAL CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 20 on BALMORAL CLOSE.