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

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 IRLAM ROAD is a small extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £263,761. It was last sold for £225,000 in April 2020, which was around 34% 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	£339,380	34% below HPI
2016 29 APR	£185,000	£298,173	38% below HPI
2010 2 DEC	£155,000	£234,966	34% below HPI
2001 30 MAY	£85,000	£133,140	36% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 8 IRLAM ROAD be worth now?

8 IRLAM ROAD might now be worth an estimated £263,761.

This is based on house price inflation of 17.2%, between April 2020 and February 2025, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for 8 IRLAM ROAD of £225,000 on 3rd April 2020. For the value to have increased from £225,000 to £263,761 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 8 IRLAM ROAD has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The April 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 8 IRLAM ROAD has not materially changed since April 2020.

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 houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 8 IRLAM ROAD lies on this distribution: 27% of detached houses 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.