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

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 LABURNUM CLOSE is a large detached house of 134m², built sometime between 1983 and 1990, which could now be worth an estimated £465,739. 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	£357,883	10% above HPI
2014 13 JUN	£275,000	£273,800	Close to HPI
2005 26 OCT	£240,000	£227,243	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.

What might 5 LABURNUM CLOSE be worth now?

5 LABURNUM CLOSE might now be worth an estimated £465,739.

This is based on house price inflation of 18.2%, between November 2018 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for 5 LABURNUM CLOSE of £394,000 on 23rd November 2018. For the value to have increased from £394,000 to £465,739 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 LABURNUM CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2018 sale price of £394,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LABURNUM CLOSE has not materially changed since November 2018.

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 houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 5 LABURNUM CLOSE lies on this distribution: 69% of detached houses 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.