7, FORESTER CLOSE, PINEWOOD, IPSWICH, IP8 3TF - £290,000

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

7 FORESTER CLOSE is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £290,000 in February 2024, which was around 39% below the average February 2024 detached price in the Babergh local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was B.

7 FORESTER CLOSE Sold Prices

Land registry data shows three sales for 7 FORESTER 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 Babergh local authority area for the corresponding sale date. All of the three 7 FORESTER 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
2024 16 FEB	£290,000	£473,153	39% below HPI
2001 14 DEC	£127,500	£164,996	23% below HPI
2001 9 FEB	£105,000	£136,118	23% below HPI

7 FORESTER 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 three 7 FORESTER CLOSE sales between February 2001 and February 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 December 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 FORESTER CLOSE?

7 FORESTER CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in February 2023. 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 7 FORESTER CLOSE lies on this distribution: 27% of detached houses are smaller than 7 FORESTER CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

7 FORESTER CLOSE: Plot and Title Map

7 FORESTER CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 7 FORESTER 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 7 FORESTER 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 7 FORESTER CLOSE?

7 FORESTER CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 7 on FORESTER CLOSE.