27, MORGAN DRIVE, IPSWICH, IP1 5QG - £174,000

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

27 MORGAN DRIVE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £174,000 in January 2013, which was around 24% below the average January 2013 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

27 MORGAN DRIVE Sold Prices

Land registry data shows three sales for 27 MORGAN DRIVE 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 27 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
2013 3 JAN	£174,000	£229,120	24% below HPI
2004 7 DEC	£178,000	£225,674	21% below HPI
2001 24 AUG	£99,950	£136,225	27% below HPI

27 MORGAN DRIVE 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 27 MORGAN DRIVE sales between August 2001 and January 2013 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2013 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 27 MORGAN DRIVE?

27 MORGAN DRIVE is 81m² according to the EPC inspection conducted in March 2012. 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 27 MORGAN DRIVE lies on this distribution: 14% of detached houses are smaller than 27 MORGAN DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

27 MORGAN DRIVE: Plot and Title Map

27 MORGAN DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 27 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 27 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.

Where is 27 MORGAN DRIVE?

27 MORGAN DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 27 on MORGAN DRIVE.