28, BALMORAL CLOSE, IPSWICH, IP2 9EJ - £350,000

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

28 BALMORAL CLOSE is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £350,000 in June 2021, which was around 2% below the average June 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

28 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 28 BALMORAL 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 28 BALMORAL 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
2021 25 JUN	£350,000	£358,113	2% below HPI
2014 10 JAN	£195,000	£237,757	18% below HPI

28 BALMORAL 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 28 BALMORAL CLOSE sales from January 2014 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 January 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 28 BALMORAL CLOSE?

28 BALMORAL CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 28 BALMORAL CLOSE lies on this distribution: 48% of detached houses are smaller than 28 BALMORAL CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

28 BALMORAL CLOSE: Plot and Title Map

28 BALMORAL CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 28 BALMORAL 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 28 BALMORAL 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 28 BALMORAL CLOSE?

28 BALMORAL CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 28 on BALMORAL CLOSE.