3, BOWLAND DRIVE, IPSWICH, IP8 3RW - £155,000

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

3 BOWLAND DRIVE is a very small extended detached house of 70m², built sometime between 1983 and 1990. It was last sold for £155,000 in June 2011, which was around 43% below the average June 2011 detached price in the Babergh local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 BOWLAND DRIVE Sold Prices

Land registry data shows three sales for 3 BOWLAND 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 Babergh local authority area for the corresponding sale date. All of the three 3 BOWLAND 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
2011 30 JUN	£155,000	£273,801	43% below HPI
2003 12 DEC	£149,995	£221,291	32% below HPI
2001 6 APR	£87,500	£140,520	38% below HPI

3 BOWLAND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 3 BOWLAND DRIVE sales between April 2001 and June 2011 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2011 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 BOWLAND DRIVE?

3 BOWLAND DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 3 BOWLAND DRIVE lies on this distribution: 6% of detached houses are smaller than 3 BOWLAND DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 BOWLAND DRIVE: Plot and Title Map

3 BOWLAND DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 BOWLAND 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 3 BOWLAND 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 3 BOWLAND DRIVE?

3 BOWLAND DRIVE is located in IPSWICH, in the IP8 postcode district. The below map shows the position of No. 3 on BOWLAND DRIVE.