3, RANDWELL CLOSE, IPSWICH, IP4 5ES - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 RANDWELL CLOSE is a small extended semi-detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £334,217. It was last sold for £280,000 in June 2018, which was around 28% above the average June 2018 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

3 RANDWELL CLOSE Sold Prices

Land registry data shows three sales for 3 RANDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. All of the three 3 RANDWELL CLOSE sales were for above 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
2018 4 JUN	£280,000	£219,458	28% above HPI
2003 13 FEB	£144,000	£113,452	27% above HPI
1997 19 DEC	£65,000	£49,756	31% above HPI

3 RANDWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 3 RANDWELL CLOSE sales between December 1997 and June 2018 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 February 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 3 RANDWELL CLOSE be worth now?

3 RANDWELL CLOSE might now be worth an estimated £334,217.

This is based on house price inflation of 19.4%, between June 2018 and February 2025, for semi-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 19.4% inflationary increase is applied to the most recent sale price for 3 RANDWELL CLOSE of £280,000 on 4th June 2018. For the value to have increased from £280,000 to £334,217 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 3 RANDWELL CLOSE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The June 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RANDWELL CLOSE has not materially changed since June 2018.

How Large is 3 RANDWELL CLOSE?

3 RANDWELL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of semi-detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ipswich, and where 3 RANDWELL CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 3 RANDWELL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 RANDWELL CLOSE: Plot and Title Map

3 RANDWELL CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 RANDWELL 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 RANDWELL 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 RANDWELL CLOSE?

3 RANDWELL CLOSE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 3 on RANDWELL CLOSE.