5, RANDWELL CLOSE, IPSWICH, IP4 5ES - £250,000

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 RANDWELL CLOSE is a very small extended detached house of 62m², built sometime between 1967 and 1975. It was last sold for £250,000 in September 2021, which was around 32% below the average September 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

5 RANDWELL CLOSE Sold Prices

Land registry data shows three sales for 5 RANDWELL 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 Ipswich local authority area for the corresponding sale date. All of the three 5 RANDWELL 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 30 SEP	£250,000	£367,345	32% below HPI
2014 11 DEC	£168,000	£263,494	36% below HPI
2005 21 JUL	£144,995	£219,969	34% below HPI

5 RANDWELL CLOSE 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 three 5 RANDWELL CLOSE sales between July 2005 and September 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 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 RANDWELL CLOSE?

5 RANDWELL CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% 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 RANDWELL CLOSE lies on this distribution: 3% of detached houses are smaller than 5 RANDWELL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5 RANDWELL CLOSE: Plot and Title Map

5 RANDWELL CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 5 RANDWELL 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 RANDWELL 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 RANDWELL CLOSE?

5 RANDWELL CLOSE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 5 on RANDWELL CLOSE.