3, HOCKNEY GARDENS, IPSWICH, IP3 0RY - £215,000

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 HOCKNEY GARDENS is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £228,898. It was last sold for £215,000 in June 2021, which was around 41% below the average June 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

3 HOCKNEY GARDENS Sold Prices

Land registry data shows seven sales for 3 HOCKNEY GARDENS since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the seven 3 HOCKNEY GARDENS 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	£215,000	£364,608	41% below HPI
2017 11 SEP	£186,000	£339,262	45% below HPI
2015 15 DEC	£155,000	£285,439	46% below HPI
2011 1 JUL	£121,000	£225,236	46% below HPI
2005 5 SEP	£124,000	£223,931	45% below HPI
1999 31 MAR	£48,995	£94,198	48% below HPI
1995 17 MAR	£42,500	£71,778	41% below HPI

3 HOCKNEY GARDENS 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 seven 3 HOCKNEY GARDENS sales between March 1995 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 September 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 HOCKNEY GARDENS be worth now?

3 HOCKNEY GARDENS might now be worth an estimated £228,898.

This is based on house price inflation of 6.5%, between June 2021 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 6.5% inflationary increase is applied to the most recent sale price for 3 HOCKNEY GARDENS of £215,000 on 25th June 2021. For the value to have increased from £215,000 to £228,898 over the four years to June 2025, the following assumptions must hold true:

• The value of 3 HOCKNEY GARDENS has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The June 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOCKNEY GARDENS has not materially changed since June 2021.

How Large is 3 HOCKNEY GARDENS?

3 HOCKNEY GARDENS is 60m² according to the EPC inspection conducted in March 2021. 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 HOCKNEY GARDENS lies on this distribution: 2% of detached houses houses are smaller than 3 HOCKNEY GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 HOCKNEY GARDENS: Plot and Title Map

3 HOCKNEY GARDENS sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 3 HOCKNEY GARDENS, 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 HOCKNEY GARDENS). 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 HOCKNEY GARDENS?

3 HOCKNEY GARDENS is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 3 on HOCKNEY GARDENS.