8, IRLAM ROAD, IPSWICH, IP2 9QR - £225,000

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 IRLAM ROAD is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £225,000 in April 2020, which was around 33% below the average April 2020 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 IRLAM ROAD Sold Prices

Land registry data shows four sales for 8 IRLAM ROAD 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. All of the four 8 IRLAM ROAD 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
2020 3 APR	£225,000	£333,334	33% below HPI
2016 29 APR	£185,000	£292,862	37% below HPI
2010 2 DEC	£155,000	£230,781	33% below HPI
2001 30 MAY	£85,000	£130,768	35% below HPI

8 IRLAM ROAD 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 8 IRLAM ROAD sales between May 2001 and April 2020 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 April 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 IRLAM ROAD?

8 IRLAM ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 IRLAM ROAD lies on this distribution: 27% of detached houses are smaller than 8 IRLAM ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 IRLAM ROAD: Plot and Title Map

8 IRLAM ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 8 IRLAM ROAD, 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 IRLAM ROAD). 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 IRLAM ROAD?

8 IRLAM ROAD is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 8 on IRLAM ROAD.