8, ACACIA CLOSE, PURDIS FARM, IPSWICH, IP3 8XB - £223,000

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.

8 ACACIA CLOSE is a very small detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £312,159. It was last sold for £223,000 in October 2015, which was around 26% below the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

8 ACACIA CLOSE Sold Prices

Land registry data shows three sales for 8 ACACIA 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 East Suffolk local authority area for the corresponding sale date. All of the three 8 ACACIA 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
2015 30 OCT	£223,000	£302,215	26% below HPI
2010 17 AUG	£180,000	£256,668	30% below HPI
1999 6 OCT	£85,000	£100,933	16% below HPI

8 ACACIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 8 ACACIA CLOSE sales between October 1999 and October 2015 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 August 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 ACACIA CLOSE be worth now?

8 ACACIA CLOSE might now be worth an estimated £312,159.

This is based on house price inflation of 40%, between October 2015 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40% inflationary increase is applied to the most recent sale price for 8 ACACIA CLOSE of £223,000 on 30th October 2015. For the value to have increased from £223,000 to £312,159 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 ACACIA CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2015 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ACACIA CLOSE has not materially changed since October 2015.

How Large is 8 ACACIA CLOSE?

8 ACACIA CLOSE is 58m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 8 ACACIA CLOSE lies on this distribution: 2% of detached houses houses are smaller than 8 ACACIA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 ACACIA CLOSE: Plot and Title Map

8 ACACIA CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 8 ACACIA 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 8 ACACIA 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 8 ACACIA CLOSE?

8 ACACIA CLOSE is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 8 on ACACIA CLOSE.