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

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

5 FURNESS CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £149,995 in January 2013, which was around 35% 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	£229,120	35% below HPI
2008 22 AUG	£132,000	£231,672	43% below HPI
2004 2 JUL	£125,000	£216,681	42% below HPI
2002 26 MAR	£77,500	£146,711	47% below HPI
2001 6 JUL	£54,000	£132,254	59% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2013 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 5 FURNESS CLOSE lies on this distribution: 5% of detached 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.