4, LABURNUM CLOSE, PURDIS FARM, IPSWICH, IP3 8XE - £285,000

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.

4 LABURNUM CLOSE is a large extended detached house of 135m², built sometime between 1991 and 1995, which could now be worth an estimated £398,948. It was last sold for £285,000 in October 2015, which was around 6% below the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

4 LABURNUM CLOSE Sold Prices

Land registry data shows two sales for 4 LABURNUM 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 East Suffolk local authority area for the corresponding sale date. One of the two 4 LABURNUM CLOSE sales was for below the average price, whilst the other was 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
2015 2 OCT	£285,000	£302,215	6% below HPI
1996 29 FEB	£80,000	£73,821	8% above HPI

4 LABURNUM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 4 LABURNUM CLOSE sales from February 1996 and October 2015 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 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 LABURNUM CLOSE be worth now?

4 LABURNUM CLOSE might now be worth an estimated £398,948.

This is based on house price inflation of 40%, between October 2015 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40% inflationary increase is applied to the most recent sale price for 4 LABURNUM CLOSE of £285,000 on 2nd October 2015. For the value to have increased from £285,000 to £398,948 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 LABURNUM CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LABURNUM CLOSE has not materially changed since October 2015.

How Large is 4 LABURNUM CLOSE?

4 LABURNUM CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% 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 4 LABURNUM CLOSE lies on this distribution: 70% of detached houses houses are smaller than 4 LABURNUM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

4 LABURNUM CLOSE: Plot and Title Map

4 LABURNUM CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 4 LABURNUM 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 LABURNUM 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 LABURNUM CLOSE?

4 LABURNUM CLOSE is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 4 on LABURNUM CLOSE.