40, GOODWOOD CLOSE, IPSWICH, IP1 6SY - £375,000

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.

40 GOODWOOD CLOSE is a large extended detached house of 152m², built sometime between 1976 and 1982, which could now be worth an estimated £488,080. It was last sold for £375,000 in June 2016, which was around 23% above the average June 2016 detached price in the Ipswich local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was C.

40 GOODWOOD CLOSE Sold Prices

Land registry data shows two sales for 40 GOODWOOD 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. One of the two 40 GOODWOOD CLOSE sales was for above the average price, whilst the other was 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 24 JUN	£375,000	£305,672	23% above HPI
2007 15 JUN	£210,000	£250,251	16% below HPI

40 GOODWOOD 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 40 GOODWOOD CLOSE sales from June 2007 and June 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 June 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 40 GOODWOOD CLOSE be worth now?

40 GOODWOOD CLOSE might now be worth an estimated £488,080.

This is based on house price inflation of 30.2%, between June 2016 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 30.2% inflationary increase is applied to the most recent sale price for 40 GOODWOOD CLOSE of £375,000 on 24th June 2016. For the value to have increased from £375,000 to £488,080 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 40 GOODWOOD CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The June 2016 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GOODWOOD CLOSE has not materially changed since June 2016.

How Large is 40 GOODWOOD CLOSE?

40 GOODWOOD CLOSE is 152m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 40 GOODWOOD CLOSE lies on this distribution: 79% of detached houses houses are smaller than 40 GOODWOOD CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

40 GOODWOOD CLOSE: Plot and Title Map

40 GOODWOOD CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 40 GOODWOOD 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 40 GOODWOOD 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 40 GOODWOOD CLOSE?

40 GOODWOOD CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 40 on GOODWOOD CLOSE.