38, PRESTON DRIVE, IPSWICH, IP1 6DS - £270,000

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

38 PRESTON DRIVE is a small extended semi-detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £281,668. It was last sold for £270,000 in January 2024, which was around 8% above the average January 2024 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

38 PRESTON DRIVE Sold Prices

Land registry data shows four sales for 38 PRESTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. All of the four 38 PRESTON DRIVE 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
2024 26 JAN	£270,000	£251,101	8% above HPI
2017 27 SEP	£225,000	£215,371	4% above HPI
2000 18 FEB	£76,500	£66,040	16% above HPI
1998 2 OCT	£67,000	£53,960	24% above HPI

38 PRESTON DRIVE 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 four 38 PRESTON DRIVE sales between October 1998 and January 2024 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 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 38 PRESTON DRIVE be worth now?

38 PRESTON DRIVE might now be worth an estimated £281,668.

This is based on house price inflation of 4.3%, between January 2024 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 4.3% inflationary increase is applied to the most recent sale price for 38 PRESTON DRIVE of £270,000 on 26th January 2024. For the value to have increased from £270,000 to £281,668 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 38 PRESTON DRIVE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The January 2024 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PRESTON DRIVE has not materially changed since January 2024.

How Large is 38 PRESTON DRIVE?

38 PRESTON DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 38 PRESTON DRIVE lies on this distribution: 28% of semi-detached houses houses are smaller than 38 PRESTON DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

38 PRESTON DRIVE: Plot and Title Map

38 PRESTON DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 38 PRESTON DRIVE, 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 38 PRESTON DRIVE). 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 38 PRESTON DRIVE?

38 PRESTON DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 38 on PRESTON DRIVE.