7, MORGAN DRIVE, IPSWICH, IP1 5QG - £247,500

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 MORGAN DRIVE is a large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £247,500 in July 2014, which was around 4% below the average July 2014 detached price in the Ipswich local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

7 MORGAN DRIVE Sold Prices

Land registry data shows two sales for 7 MORGAN DRIVE 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. One of the two 7 MORGAN DRIVE sales was for below the average price, whilst the other was 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
2014 3 JUL	£247,500	£258,948	4% below HPI
2001 11 MAY	£145,000	£130,768	11% above HPI

7 MORGAN DRIVE 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 7 MORGAN DRIVE sales from May 2001 and July 2014 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 May 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 MORGAN DRIVE?

7 MORGAN DRIVE is 124m² according to the EPC inspection conducted in October 2012. This puts it in the largest 40% 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 MORGAN DRIVE lies on this distribution: 61% of detached houses are smaller than 7 MORGAN DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

7 MORGAN DRIVE: Plot and Title Map

7 MORGAN DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 7 MORGAN DRIVE, 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 MORGAN DRIVE). 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 MORGAN DRIVE?

7 MORGAN DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 7 on MORGAN DRIVE.