648, OLD NORWICH ROAD, IPSWICH, IP1 6LU - £275,000

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.

648 OLD NORWICH ROAD is a midsized extended detached house of 114m², built sometime between 1900 and 1929, which could now be worth an estimated £322,692. It was last sold for £275,000 in November 2017, which was around 19% below the average November 2017 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

648 OLD NORWICH ROAD Sold Prices

Land registry data shows two sales for 648 OLD NORWICH ROAD 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 648 OLD NORWICH ROAD 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
2017 14 NOV	£275,000	£339,047	19% below HPI
2014 21 FEB	£215,000	£244,820	12% below HPI

648 OLD NORWICH ROAD 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 648 OLD NORWICH ROAD sales from February 2014 and November 2017 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 February 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 648 OLD NORWICH ROAD be worth now?

648 OLD NORWICH ROAD might now be worth an estimated £322,692.

This is based on house price inflation of 17.3%, between November 2017 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 17.3% inflationary increase is applied to the most recent sale price for 648 OLD NORWICH ROAD of £275,000 on 14th November 2017. For the value to have increased from £275,000 to £322,692 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 648 OLD NORWICH ROAD has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The November 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 648 OLD NORWICH ROAD has not materially changed since November 2017.

How Large is 648 OLD NORWICH ROAD?

648 OLD NORWICH ROAD is 114m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% 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 648 OLD NORWICH ROAD lies on this distribution: 51% of detached houses houses are smaller than 648 OLD NORWICH ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

648 OLD NORWICH ROAD: Plot and Title Map

648 OLD NORWICH ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 648 OLD NORWICH ROAD, 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 648 OLD NORWICH ROAD). 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 648 OLD NORWICH ROAD?

648 OLD NORWICH ROAD is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 648 on OLD NORWICH ROAD.