5, PEACOCK CLOSE, IPSWICH, IP8 3RY - £260,000

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 PEACOCK CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £294,512. It was last sold for £260,000 in May 2021, which was around 40% below the average May 2021 detached price in the Babergh local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

5 PEACOCK CLOSE Sold Prices

Land registry data shows five sales for 5 PEACOCK 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 Babergh local authority area for the corresponding sale date. All of the five 5 PEACOCK 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
2021 27 MAY	£260,000	£432,152	40% below HPI
2012 13 DEC	£175,000	£289,837	40% below HPI
2002 20 SEP	£122,000	£204,220	40% below HPI
1999 29 JAN	£71,000	£101,971	30% below HPI
1996 9 OCT	£63,000	£89,033	29% below HPI

5 PEACOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The five 5 PEACOCK CLOSE sales between October 1996 and May 2021 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 December 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2021 sale, which was also at 40% below the HPI.

What might 5 PEACOCK CLOSE be worth now?

5 PEACOCK CLOSE might now be worth an estimated £294,512.

This is based on house price inflation of 13.3%, between May 2021 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 5 PEACOCK CLOSE of £260,000 on 27th May 2021. For the value to have increased from £260,000 to £294,512 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 5 PEACOCK CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The May 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PEACOCK CLOSE has not materially changed since May 2021.

How Large is 5 PEACOCK CLOSE?

5 PEACOCK CLOSE is 86m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 PEACOCK CLOSE lies on this distribution: 20% of detached houses houses are smaller than 5 PEACOCK CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5 PEACOCK CLOSE: Plot and Title Map

5 PEACOCK CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 5 PEACOCK 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 PEACOCK 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 PEACOCK CLOSE?

5 PEACOCK CLOSE is located in IPSWICH, in the IP8 postcode district. The below map shows the position of No. 5 on PEACOCK CLOSE.