8, HAZEL DRIVE, PURDIS FARM, IPSWICH, IP3 8RF - £215,000

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 HAZEL DRIVE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £215,000 in February 2015, which was around 25% below the average February 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

8 HAZEL DRIVE Sold Prices

Land registry data shows four sales for 8 HAZEL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 8 HAZEL DRIVE 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 20 FEB	£215,000	£284,841	25% below HPI
2010 28 MAY	£190,000	£252,413	25% below HPI
2004 27 FEB	£170,000	£201,178	15% below HPI
2000 30 MAR	£98,500	£103,539	5% below HPI

8 HAZEL DRIVE 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 four 8 HAZEL DRIVE sales between March 2000 and February 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 May 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2015 sale, which was also at 25% below the HPI.

How Large is 8 HAZEL DRIVE?

8 HAZEL DRIVE is 79m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% 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 HAZEL DRIVE lies on this distribution: 12% of detached houses are smaller than 8 HAZEL DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 HAZEL DRIVE: Plot and Title Map

8 HAZEL DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 HAZEL 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 8 HAZEL 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 8 HAZEL DRIVE?

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