5, FURNESS CLOSE, IPSWICH, IP2 9YA - £149,995

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.

5 FURNESS CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £255,812. It was last sold for £149,995 in January 2013, which was around 36% below the average January 2013 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

5 FURNESS CLOSE Sold Prices

Land registry data shows five sales for 5 FURNESS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the five 5 FURNESS 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
2013 28 JAN	£149,995	£233,276	36% below HPI
2008 22 AUG	£132,000	£235,874	44% below HPI
2004 2 JUL	£125,000	£220,611	43% below HPI
2002 26 MAR	£77,500	£149,372	48% below HPI
2001 6 JUL	£54,000	£134,652	60% below HPI

5 FURNESS 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 five 5 FURNESS CLOSE sales between July 2001 and January 2013 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 August 2008 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2013 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 5 FURNESS CLOSE be worth now?

5 FURNESS CLOSE might now be worth an estimated £255,812.

This is based on house price inflation of 70.5%, between January 2013 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 70.5% inflationary increase is applied to the most recent sale price for 5 FURNESS CLOSE of £149,995 on 28th January 2013. For the value to have increased from £149,995 to £255,812 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 FURNESS CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The January 2013 sale price of £149,995 represented a fair market value for the property.
• The size, condition, and specification of 5 FURNESS CLOSE has not materially changed since January 2013.

How Large is 5 FURNESS CLOSE?

5 FURNESS CLOSE is 69m² according to the EPC inspection conducted in March 2012. 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 5 FURNESS CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 FURNESS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5 FURNESS CLOSE: Plot and Title Map

5 FURNESS CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 5 FURNESS 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 FURNESS 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 FURNESS CLOSE?

5 FURNESS CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 5 on FURNESS CLOSE.