4, MORGAN DRIVE, IPSWICH, IP1 5QG - £357,000

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 MORGAN DRIVE is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £387,051. It was last sold for £357,000 in March 2021, which was around 3% below the average March 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

4 MORGAN DRIVE Sold Prices

Land registry data shows three sales for 4 MORGAN DRIVE 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. The three 4 MORGAN DRIVE sales were a mix of below the average price, and roughly equal to 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 12 MAR	£357,000	£366,957	3% below HPI
2010 22 JUN	£230,000	£229,236	Close to HPI
2001 23 MAR	£121,950	£125,788	3% below HPI

4 MORGAN DRIVE 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 4 MORGAN DRIVE sales between March 2001 and March 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 June 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 MORGAN DRIVE be worth now?

4 MORGAN DRIVE might now be worth an estimated £387,051.

This is based on house price inflation of 8.4%, between March 2021 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 8.4% inflationary increase is applied to the most recent sale price for 4 MORGAN DRIVE of £357,000 on 12th March 2021. For the value to have increased from £357,000 to £387,051 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 4 MORGAN DRIVE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The March 2021 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MORGAN DRIVE has not materially changed since March 2021.

How Large is 4 MORGAN DRIVE?

4 MORGAN DRIVE is 110m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% 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 MORGAN DRIVE lies on this distribution: 46% of detached houses houses are smaller than 4 MORGAN DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

4 MORGAN DRIVE: Plot and Title Map

4 MORGAN DRIVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 4 MORGAN 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 4 MORGAN 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 4 MORGAN DRIVE?

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