23, BURNET CLOSE, PINEWOOD, IPSWICH, IP8 3TN - £270,000

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

23 BURNET CLOSE is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £270,000 in August 2019, which was around 36% below the average August 2019 detached price in the Babergh local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

23 BURNET CLOSE Sold Prices

Land registry data shows four sales for 23 BURNET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four 23 BURNET 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
2019 2 AUG	£270,000	£419,750	36% below HPI
2019 25 APR	£270,000	£412,257	35% below HPI
2007 28 NOV	£204,000	£297,446	31% below HPI
2001 31 MAY	£123,995	£145,417	15% below HPI

23 BURNET CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 23 BURNET CLOSE sales between May 2001 and August 2019 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 April 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 23 BURNET CLOSE?

23 BURNET CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 23 BURNET CLOSE lies on this distribution: 30% of detached houses are smaller than 23 BURNET CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

23 BURNET CLOSE: Plot and Title Map

23 BURNET CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 23 BURNET 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 23 BURNET 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 23 BURNET CLOSE?

23 BURNET CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 23 on BURNET CLOSE.