24, BOWLAND DRIVE, IPSWICH, IP8 3RW - £240,000

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

24 BOWLAND DRIVE is a very small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £266,189. It was last sold for £240,000 in June 2021, which was around 45% below the average June 2021 detached price in the Babergh local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

24 BOWLAND DRIVE Sold Prices

Land registry data shows five sales for 24 BOWLAND DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the five 24 BOWLAND DRIVE 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
2021 21 JUN	£240,000	£436,324	45% below HPI
2012 30 MAR	£160,500	£290,966	45% below HPI
2006 20 OCT	£167,995	£279,095	40% below HPI
1998 18 NOV	£62,000	£106,844	42% below HPI
1996 15 NOV	£55,000	£87,248	37% below HPI

24 BOWLAND DRIVE 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 five 24 BOWLAND DRIVE sales between November 1996 and June 2021 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 2012 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, which was also at 45% below the HPI.

What might 24 BOWLAND DRIVE be worth now?

24 BOWLAND DRIVE might now be worth an estimated £266,189.

This is based on house price inflation of 10.9%, between June 2021 and December 2024, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for 24 BOWLAND DRIVE of £240,000 on 21st June 2021. For the value to have increased from £240,000 to £266,189 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 24 BOWLAND DRIVE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The June 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BOWLAND DRIVE has not materially changed since June 2021.

How Large is 24 BOWLAND DRIVE?

24 BOWLAND DRIVE is 84m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% 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 24 BOWLAND DRIVE lies on this distribution: 17% of detached houses houses are smaller than 24 BOWLAND DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

24 BOWLAND DRIVE: Plot and Title Map

24 BOWLAND DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 24 BOWLAND DRIVE, 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 24 BOWLAND DRIVE). 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 24 BOWLAND DRIVE?

24 BOWLAND DRIVE is located in IPSWICH, in the IP8 postcode district. The below map shows the position of No. 24 on BOWLAND DRIVE.