3, HOLLY BLUE CLOSE, PINEWOOD, IPSWICH, IP8 3TD - £288,000

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 HOLLY BLUE CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £320,795. It was last sold for £288,000 in March 2021, which was around 34% below the average March 2021 detached price in the Babergh local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

3 HOLLY BLUE CLOSE Sold Prices

Land registry data shows four sales for 3 HOLLY BLUE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four 3 HOLLY BLUE 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 19 MAR	£288,000	£439,472	34% below HPI
2017 10 MAR	£265,000	£390,911	32% below HPI
2013 4 JAN	£189,950	£287,856	34% below HPI
2000 27 OCT	£99,995	£142,710	30% below HPI

3 HOLLY BLUE CLOSE 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 four 3 HOLLY BLUE CLOSE sales between October 2000 and March 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 March 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 HOLLY BLUE CLOSE be worth now?

3 HOLLY BLUE CLOSE might now be worth an estimated £320,795.

This is based on house price inflation of 11.4%, between March 2021 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.4% inflationary increase is applied to the most recent sale price for 3 HOLLY BLUE CLOSE of £288,000 on 19th March 2021. For the value to have increased from £288,000 to £320,795 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 3 HOLLY BLUE CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The March 2021 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOLLY BLUE CLOSE has not materially changed since March 2021.

How Large is 3 HOLLY BLUE CLOSE?

3 HOLLY BLUE CLOSE is 77m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% 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 HOLLY BLUE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 3 HOLLY BLUE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 HOLLY BLUE CLOSE: Plot and Title Map

3 HOLLY BLUE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 HOLLY BLUE 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 HOLLY BLUE 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 HOLLY BLUE CLOSE?

3 HOLLY BLUE CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 3 on HOLLY BLUE CLOSE.