7, IPSWICH ROAD, NEEDHAM MARKET, IPSWICH, IP6 8EG - £240,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 IPSWICH ROAD is a small extended detached house of 90m², built sometime before 1900. It was last sold for £240,000 in July 2020, which was around 35% below the average July 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

7 IPSWICH ROAD Sold Prices

Land registry data shows four sales for 7 IPSWICH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 7 IPSWICH 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
2020 14 JUL	£240,000	£371,945	35% below HPI
2016 15 JUN	£218,500	£335,058	35% below HPI
2012 2 NOV	£167,200	£255,672	35% below HPI
2006 13 NOV	£182,500	£259,020	30% below HPI

7 IPSWICH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 7 IPSWICH ROAD sales between November 2006 and July 2020 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 June 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2020 sale, which was also at 35% below the HPI.

How Large is 7 IPSWICH ROAD?

7 IPSWICH ROAD is 90m², which includes four extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Needham Market, and where 7 IPSWICH ROAD lies on this distribution: 28% of detached houses are smaller than 7 IPSWICH ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

7 IPSWICH ROAD: Plot and Title Map

7 IPSWICH ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 7 IPSWICH 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 7 IPSWICH 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 7 IPSWICH ROAD?

7 IPSWICH ROAD is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 7 on IPSWICH ROAD.