34, BALMORAL CLOSE, IPSWICH, IP2 9EJ - £360,000

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.

34 BALMORAL CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £373,366. It was last sold for £360,000 in August 2021, which was around 4% below the average August 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

34 BALMORAL CLOSE Sold Prices

Land registry data shows three sales for 34 BALMORAL 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 34 BALMORAL 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 9 AUG	£360,000	£374,281	4% below HPI
2019 20 SEP	£345,000	£347,711	1% below HPI
2013 19 AUG	£205,000	£237,278	14% below HPI

34 BALMORAL 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 34 BALMORAL CLOSE sales between August 2013 and August 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 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 34 BALMORAL CLOSE be worth now?

34 BALMORAL CLOSE might now be worth an estimated £373,366.

This is based on house price inflation of 3.7%, between August 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 3.7% inflationary increase is applied to the most recent sale price for 34 BALMORAL CLOSE of £360,000 on 9th August 2021. For the value to have increased from £360,000 to £373,366 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 34 BALMORAL CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The August 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 34 BALMORAL CLOSE has not materially changed since August 2021.

How Large is 34 BALMORAL CLOSE?

34 BALMORAL CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% 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 34 BALMORAL CLOSE lies on this distribution: 38% of detached houses houses are smaller than 34 BALMORAL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

34 BALMORAL CLOSE: Plot and Title Map

34 BALMORAL CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 34 BALMORAL 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 34 BALMORAL 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 34 BALMORAL CLOSE?

34 BALMORAL CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 34 on BALMORAL CLOSE.