3, GANYMEDE CLOSE, IPSWICH, IP1 5AE - £160,000

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.

3 GANYMEDE CLOSE is a very small extended detached house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £155,405. It was last sold for £160,000 in March 2022, which was around 60% below the average March 2022 detached price in the Ipswich local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

3 GANYMEDE CLOSE Sold Prices

Land registry data shows two sales for 3 GANYMEDE 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 3 GANYMEDE 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
2022 31 MAR	£160,000	£399,654	60% below HPI
2006 18 AUG	£127,500	£234,118	46% below HPI

3 GANYMEDE 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 3 GANYMEDE CLOSE sales from August 2006 and March 2022 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 August 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2022 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 3 GANYMEDE CLOSE be worth now?

3 GANYMEDE CLOSE might now be worth an estimated £155,405.

This is based on house price deflation of 2.9%, between March 2022 and June 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 2.9% deflationary decrease is applied to the most recent sale price for 3 GANYMEDE CLOSE of £160,000 on 31st March 2022. For the value to have decreased from £160,000 to £155,405 over the two years and nine months to June 2025, the following assumptions must hold true:

• The value of 3 GANYMEDE CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The March 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GANYMEDE CLOSE has not materially changed since March 2022.

How Large is 3 GANYMEDE CLOSE?

3 GANYMEDE CLOSE is 54m², which includes one extension, according to the EPC inspection conducted in January 2019. 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 3 GANYMEDE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 3 GANYMEDE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 GANYMEDE CLOSE: Plot and Title Map

3 GANYMEDE CLOSE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 3 GANYMEDE 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 3 GANYMEDE 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 3 GANYMEDE CLOSE?

3 GANYMEDE CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 3 on GANYMEDE CLOSE.