3, NETLEY CLOSE, IPSWICH, IP2 9YB - £224,000

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 NETLEY CLOSE is a very small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £224,000 in June 2023, which was around 45% below the average June 2023 detached price in the Ipswich local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

3 NETLEY CLOSE Sold Prices

Land registry data shows three sales for 3 NETLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the three 3 NETLEY 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
2023 8 JUN	£224,000	£408,057	45% below HPI
2005 25 NOV	£146,000	£214,420	32% below HPI
1995 24 MAR	£59,995	£70,499	15% below HPI

3 NETLEY 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 three 3 NETLEY CLOSE sales between March 1995 and June 2023 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 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 NETLEY CLOSE?

3 NETLEY CLOSE is 86m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% 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 NETLEY CLOSE lies on this distribution: 20% of detached houses are smaller than 3 NETLEY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 NETLEY CLOSE: Plot and Title Map

3 NETLEY CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 3 NETLEY 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 NETLEY 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 NETLEY CLOSE?

3 NETLEY CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 3 on NETLEY CLOSE.