5, BERKELEY CLOSE, IPSWICH, IP4 2TS - £395,000

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

5 BERKELEY CLOSE is a large detached house of 140m², built sometime between 1996 and 2002, which could now be worth an estimated £659,116. It was last sold for £395,000 in August 2012, which was around 68% above the average August 2012 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

5 BERKELEY CLOSE Sold Prices

Land registry data shows three sales for 5 BERKELEY CLOSE 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. All of the three 5 BERKELEY CLOSE sales were 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
2012 23 AUG	£395,000	£235,451	68% above HPI
1999 13 DEC	£167,500	£108,925	54% above HPI
1998 14 AUG	£154,000	£88,739	74% above HPI

5 BERKELEY 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 three 5 BERKELEY CLOSE sales between August 1998 and August 2012 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 December 1999 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2012 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 5 BERKELEY CLOSE be worth now?

5 BERKELEY CLOSE might now be worth an estimated £659,116.

This is based on house price inflation of 66.9%, between August 2012 and December 2024, 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 66.9% inflationary increase is applied to the most recent sale price for 5 BERKELEY CLOSE of £395,000 on 23rd August 2012. For the value to have increased from £395,000 to £659,116 over the eleven years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 BERKELEY CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The August 2012 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BERKELEY CLOSE has not materially changed since August 2012.

How Large is 5 BERKELEY CLOSE?

5 BERKELEY CLOSE is 140m² according to the EPC inspection conducted in May 2012. 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 5 BERKELEY CLOSE lies on this distribution: 73% of detached houses houses are smaller than 5 BERKELEY CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5 BERKELEY CLOSE: Plot and Title Map

5 BERKELEY CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 5 BERKELEY 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 5 BERKELEY 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 5 BERKELEY CLOSE?

5 BERKELEY CLOSE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 5 on BERKELEY CLOSE.