28, MITFORD CLOSE, IPSWICH, IP1 6SE - £179,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 MITFORD CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £304,480. It was last sold for £179,000 in November 2012, which was around 23% below the average November 2012 detached price in the Ipswich local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

28 MITFORD CLOSE Sold Prices

Land registry data shows two sales for 28 MITFORD 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 MITFORD 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
2012 23 NOV	£179,000	£233,889	23% below HPI
2010 8 NOV	£148,000	£237,653	38% below HPI

28 MITFORD 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 MITFORD CLOSE sales from November 2010 and November 2012 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 November 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2012 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 28 MITFORD CLOSE be worth now?

28 MITFORD CLOSE might now be worth an estimated £304,480.

This is based on house price inflation of 70.1%, between November 2012 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 70.1% inflationary increase is applied to the most recent sale price for 28 MITFORD CLOSE of £179,000 on 23rd November 2012. For the value to have increased from £179,000 to £304,480 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 MITFORD CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The November 2012 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MITFORD CLOSE has not materially changed since November 2012.

How Large is 28 MITFORD CLOSE?

28 MITFORD CLOSE is 70m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 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 28 MITFORD CLOSE lies on this distribution: 6% of detached houses houses are smaller than 28 MITFORD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

28 MITFORD CLOSE: Plot and Title Map

28 MITFORD CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 28 MITFORD 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 MITFORD 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 MITFORD CLOSE?

28 MITFORD CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 28 on MITFORD CLOSE.