4, BUTLEY CLOSE, IPSWICH, IP2 9TR - £265,000

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

4 BUTLEY CLOSE is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2016, which was around 14% below the average August 2016 detached price in the Ipswich local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

4 BUTLEY CLOSE Sold Prices

Land registry data shows two sales for 4 BUTLEY CLOSE 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 4 BUTLEY 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
2016 31 AUG	£265,000	£307,366	14% below HPI
2013 30 AUG	£168,000	£233,052	28% below HPI

4 BUTLEY 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 two 4 BUTLEY CLOSE sales from August 2013 and August 2016 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 August 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 BUTLEY CLOSE?

4 BUTLEY CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 4 BUTLEY CLOSE lies on this distribution: 35% of detached houses are smaller than 4 BUTLEY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

4 BUTLEY CLOSE: Plot and Title Map

4 BUTLEY CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 BUTLEY 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 4 BUTLEY 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 4 BUTLEY CLOSE?

4 BUTLEY CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 4 on BUTLEY CLOSE.