4, MITFORD CLOSE, IPSWICH, IP1 6SE - £140,000

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

4 MITFORD CLOSE is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £270,741. It was last sold for £140,000 in July 2009, which was around 32% below the average July 2009 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was C.

4 MITFORD CLOSE Sold Prices

Land registry data shows two sales for 4 MITFORD 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 MITFORD 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
2009 27 JUL	£140,000	£205,726	32% below HPI
1999 9 SEP	£71,000	£103,584	31% below HPI

4 MITFORD 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 MITFORD CLOSE sales from September 1999 and July 2009 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2009 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 4 MITFORD CLOSE be worth now?

4 MITFORD CLOSE might now be worth an estimated £270,741.

This is based on house price inflation of 93.4%, between July 2009 and February 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 93.4% inflationary increase is applied to the most recent sale price for 4 MITFORD CLOSE of £140,000 on 27th July 2009. For the value to have increased from £140,000 to £270,741 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 4 MITFORD CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The July 2009 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MITFORD CLOSE has not materially changed since July 2009.

How Large is 4 MITFORD CLOSE?

4 MITFORD CLOSE is 67m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% 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 MITFORD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 4 MITFORD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

4 MITFORD CLOSE: Plot and Title Map

4 MITFORD CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 4 MITFORD 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 MITFORD 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 MITFORD CLOSE?

4 MITFORD CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 4 on MITFORD CLOSE.