5, MOORFIELD CLOSE, KESGRAVE, IPSWICH, IP5 2YD - £469,000

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 MOORFIELD CLOSE is a large extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £469,000 in March 2022, which was around 14% above the average March 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

5 MOORFIELD CLOSE Sold Prices

Land registry data shows four sales for 5 MOORFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The four 5 MOORFIELD 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
2022 9 MAR	£469,000	£411,636	14% above HPI
2016 10 OCT	£337,000	£324,487	4% above HPI
2008 14 NOV	£242,000	£242,771	Close to HPI
2002 19 APR	£164,000	£147,343	11% above HPI

5 MOORFIELD 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 four 5 MOORFIELD CLOSE sales between April 2002 and March 2022 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 October 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 5 MOORFIELD CLOSE?

5 MOORFIELD CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 5 MOORFIELD CLOSE lies on this distribution: 62% of detached houses are smaller than 5 MOORFIELD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

5 MOORFIELD CLOSE: Plot and Title Map

5 MOORFIELD CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 5 MOORFIELD 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 MOORFIELD 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 MOORFIELD CLOSE?

5 MOORFIELD CLOSE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 5 on MOORFIELD CLOSE.