7, MASONS CLOSE, IPSWICH, IP4 5AF - £402,000

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 MASONS CLOSE is a midsized extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £402,000 in August 2023, which was around 1% below the average August 2023 detached price in the Ipswich local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

7 MASONS CLOSE Sold Prices

Land registry data shows four sales for 7 MASONS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Most of the four 7 MASONS CLOSE sales were for above 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
2023 18 AUG	£402,000	£407,534	1% below HPI
2016 4 MAR	£295,000	£288,335	2% above HPI
2010 15 SEP	£245,000	£232,344	5% above HPI
2007 7 JUN	£280,000	£245,794	14% above HPI

7 MASONS 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 four 7 MASONS CLOSE sales between June 2007 and August 2023 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 March 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 7 MASONS CLOSE?

7 MASONS CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% 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 MASONS CLOSE lies on this distribution: 41% of detached houses are smaller than 7 MASONS CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

7 MASONS CLOSE: Plot and Title Map

7 MASONS CLOSE sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of 7 MASONS 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 MASONS 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 MASONS CLOSE?

7 MASONS CLOSE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 7 on MASONS CLOSE.