24, ELVEDON CLOSE, IPSWICH, IP3 9WE - £470,000

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 ELVEDON CLOSE is a very large detached house of 194m², which could now be worth an estimated £551,509. It was last sold for £470,000 in November 2017, which was around 39% above the average November 2017 detached price in the Ipswich local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was B.

24 ELVEDON CLOSE Sold Prices

Land registry data shows two sales for 24 ELVEDON 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 24 ELVEDON CLOSE sales were 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
2017 10 NOV	£470,000	£339,047	39% above HPI
2016 7 OCT	£334,950	£321,804	4% above HPI

24 ELVEDON 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 24 ELVEDON CLOSE sales from October 2016 and November 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 October 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2017 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 24 ELVEDON CLOSE be worth now?

24 ELVEDON CLOSE might now be worth an estimated £551,509.

This is based on house price inflation of 17.3%, between November 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 17.3% inflationary increase is applied to the most recent sale price for 24 ELVEDON CLOSE of £470,000 on 10th November 2017. For the value to have increased from £470,000 to £551,509 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 ELVEDON CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The November 2017 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ELVEDON CLOSE has not materially changed since November 2017.

How Large is 24 ELVEDON CLOSE?

24 ELVEDON CLOSE is 194m² according to the EPC inspection conducted in October 2016. This puts it in the largest 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 24 ELVEDON CLOSE lies on this distribution: 91% of detached houses houses are smaller than 24 ELVEDON CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

24 ELVEDON CLOSE: Plot and Title Map

24 ELVEDON CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 24 ELVEDON 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 24 ELVEDON 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 24 ELVEDON CLOSE?

24 ELVEDON CLOSE is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 24 on ELVEDON CLOSE.