5, LABURNUM CLOSE, PURDIS FARM, IPSWICH, IP3 8XE - £394,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 LABURNUM CLOSE is a large detached house of 134m², built sometime between 1983 and 1990. It was last sold for £394,000 in November 2018, which was around 10% above the average November 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

5 LABURNUM CLOSE Sold Prices

Land registry data shows three sales for 5 LABURNUM 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 East Suffolk local authority area for the corresponding sale date. The three 5 LABURNUM CLOSE sales were a mix of above the average price, and roughly equal to 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
2018 23 NOV	£394,000	£357,827	10% above HPI
2014 13 JUN	£275,000	£273,758	Close to HPI
2005 26 OCT	£240,000	£227,208	6% above HPI

5 LABURNUM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 5 LABURNUM CLOSE sales between October 2005 and November 2018 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 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 LABURNUM CLOSE?

5 LABURNUM CLOSE is 134m² according to the EPC inspection conducted in February 2014. This puts it in the largest 40% 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 LABURNUM CLOSE lies on this distribution: 69% of detached houses are smaller than 5 LABURNUM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5 LABURNUM CLOSE: Plot and Title Map

5 LABURNUM CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 5 LABURNUM 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 LABURNUM 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 LABURNUM CLOSE?

5 LABURNUM CLOSE is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 5 on LABURNUM CLOSE.