5, PARK GATE, IPSWICH, IP1 3TU - £1,100,000

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 PARK GATE is a very large detached house of 318m², which could now be worth an estimated £1,061,641. It was last sold for £1,100,000 in May 2022, which was around 167% above the average May 2022 detached price in the Ipswich local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

5 PARK GATE Sold Prices

Land registry data shows two sales for 5 PARK GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 5 PARK GATE sales were for above 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 6 MAY	£1,100,000	£412,221	167% above HPI
2014 8 AUG	£895,000	£264,406	238% above HPI

5 PARK GATE 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 two 5 PARK GATE sales from August 2014 and May 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 August 2014 sale was for 238% above the HPI. So the extrapolation line tracks at 238% above the HPI over time, until the May 2022 sale, where it falls to 167% above the HPI. The line then continues to track at 167% above the HPI.

What might 5 PARK GATE be worth now?

5 PARK GATE might now be worth an estimated £1,061,641.

This is based on house price deflation of 3.5%, between May 2022 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 3.5% deflationary decrease is applied to the most recent sale price for 5 PARK GATE of £1,100,000 on 6th May 2022. For the value to have decreased from £1,100,000 to £1,061,641 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 PARK GATE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The May 2022 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK GATE has not materially changed since May 2022.

How Large is 5 PARK GATE?

5 PARK GATE is 318m² according to the EPC inspection conducted in July 2014. This puts it in the largest 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 PARK GATE lies on this distribution: 99% of detached houses houses are smaller than 5 PARK GATE, and 1% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5 PARK GATE: Plot and Title Map

5 PARK GATE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 5 PARK GATE, 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 PARK GATE). 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 PARK GATE?

5 PARK GATE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 5 on PARK GATE.