32, MELBOURNE ROAD, IPSWICH, IP4 5PP - £525,000

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

32 MELBOURNE ROAD is a large extended detached house of 150m², built sometime between 1930 and 1949. It was last sold for £525,000 in August 2023, which was around 29% above the average August 2023 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

32 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 32 MELBOURNE ROAD 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 32 MELBOURNE ROAD 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
2023 14 AUG	£525,000	£407,534	29% above HPI
1998 3 JUL	£111,000	£86,768	28% above HPI

32 MELBOURNE ROAD 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 32 MELBOURNE ROAD sales from July 1998 and August 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 July 1998 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 32 MELBOURNE ROAD?

32 MELBOURNE ROAD is 150m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 32 MELBOURNE ROAD lies on this distribution: 78% of detached houses are smaller than 32 MELBOURNE ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

32 MELBOURNE ROAD: Plot and Title Map

32 MELBOURNE ROAD sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of 32 MELBOURNE ROAD, 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 32 MELBOURNE ROAD). 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 32 MELBOURNE ROAD?

32 MELBOURNE ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 32 on MELBOURNE ROAD.