8, BURNET CLOSE, PINEWOOD, IPSWICH, IP8 3TN - £149,000

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

8 BURNET CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £149,000 in October 2010, which was around 46% below the average October 2010 detached price in the Babergh local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

8 BURNET CLOSE Sold Prices

Land registry data shows three sales for 8 BURNET 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 8 BURNET 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
2010 5 OCT	£149,000	£275,480	46% below HPI
2004 18 AUG	£138,500	£241,489	43% below HPI
2001 30 JUL	£99,995	£151,815	34% below HPI

8 BURNET 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 8 BURNET CLOSE sales between July 2001 and October 2010 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 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2010 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 8 BURNET CLOSE?

8 BURNET CLOSE is 75m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 8 BURNET CLOSE lies on this distribution: 9% of detached houses are smaller than 8 BURNET CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 BURNET CLOSE: Plot and Title Map

8 BURNET CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 8 BURNET 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 BURNET 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 BURNET CLOSE?

8 BURNET CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 8 on BURNET CLOSE.