61, MIMAS WAY, IPSWICH, IP1 5ET - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

61 MIMAS WAY is a small detached house of 88m². It was last sold for £295,000 in May 2024, which was around 22% below the average May 2024 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

61 MIMAS WAY Sold Prices

Land registry data shows two sales for 61 MIMAS WAY 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 61 MIMAS WAY 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
2024 31 MAY	£295,000	£380,280	22% below HPI
2019 26 SEP	£260,000	£341,517	24% below HPI

61 MIMAS WAY 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 61 MIMAS WAY sales from September 2019 and May 2024 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 September 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 61 MIMAS WAY?

61 MIMAS WAY is 88m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 61 MIMAS WAY lies on this distribution: 22% of detached houses are smaller than 61 MIMAS WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

61 MIMAS WAY: Plot and Title Map

61 MIMAS WAY sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 61 MIMAS WAY, 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 61 MIMAS WAY). 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 61 MIMAS WAY?

61 MIMAS WAY is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 61 on MIMAS WAY.