42, BALMORAL CLOSE, IPSWICH, IP2 9EJ - £407,500

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

42 BALMORAL CLOSE is a large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £407,500 in June 2023, which was about the average June 2023 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

42 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 42 BALMORAL 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 42 BALMORAL CLOSE sales was roughly equal to 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
2023 2 JUN	£407,500	£408,057	Close to HPI
2001 29 JUN	£175,000	£132,154	32% above HPI

42 BALMORAL 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 42 BALMORAL CLOSE sales from June 2001 and June 2023 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 2001 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 42 BALMORAL CLOSE?

42 BALMORAL CLOSE is 146m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 42 BALMORAL CLOSE lies on this distribution: 76% of detached houses are smaller than 42 BALMORAL CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

42 BALMORAL CLOSE: Plot and Title Map

42 BALMORAL CLOSE sits on a plot of roughly 0.281 of an acre, or 1,137m². The below map shows the location of 42 BALMORAL 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 42 BALMORAL 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 42 BALMORAL CLOSE?

42 BALMORAL CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 42 on BALMORAL CLOSE.