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
25 MORGAN DRIVE is a large extended detached house of 135m², built sometime between 1996 and 2002. It was last sold for £270,000 in December 2015, which was around 4% below the average December 2015 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 25 MORGAN DRIVE since 1st 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 25 MORGAN 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 |
---|---|---|---|
2015 1 DEC | £270,000 | £280,355 | 4% below HPI |
2011 9 DEC | £220,000 | £222,180 | 1% below HPI |
2001 17 AUG | £135,432 | £136,225 | 1% below HPI |
The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 25 MORGAN DRIVE sales between August 2001 and December 2015 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
25 MORGAN DRIVE is 135m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 25 MORGAN DRIVE lies on this distribution: 70% of detached houses are smaller than 25 MORGAN DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Ipswich.
25 MORGAN DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 25 MORGAN 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 25 MORGAN 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.
25 MORGAN DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 25 on MORGAN DRIVE.