8, MORGAN DRIVE, IPSWICH, IP1 5QG - £194,995

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 MORGAN DRIVE is a large detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £388,012. It was last sold for £194,995 in December 2003, which was around 2% below the average December 2003 detached price in the Ipswich local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

8 MORGAN DRIVE Sold Prices

Land registry data shows two sales for 8 MORGAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 8 MORGAN 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
2003 3 DEC	£194,995	£199,937	2% below HPI
2001 28 JUN	£131,882	£134,551	2% below HPI

8 MORGAN DRIVE 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 two 8 MORGAN DRIVE sales from June 2001 and December 2003 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 June 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2003 sale, which was also at 2% below the HPI.

What might 8 MORGAN DRIVE be worth now?

8 MORGAN DRIVE might now be worth an estimated £388,012.

This is based on house price inflation of 99%, between December 2003 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 99% inflationary increase is applied to the most recent sale price for 8 MORGAN DRIVE of £194,995 on 3rd December 2003. For the value to have increased from £194,995 to £388,012 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 MORGAN DRIVE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The December 2003 sale price of £194,995 represented a fair market value for the property.
• The size, condition, and specification of 8 MORGAN DRIVE has not materially changed since December 2003.

How Large is 8 MORGAN DRIVE?

8 MORGAN DRIVE is 128m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% 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 MORGAN DRIVE lies on this distribution: 65% of detached houses houses are smaller than 8 MORGAN DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 MORGAN DRIVE: Plot and Title Map

8 MORGAN DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 MORGAN 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 MORGAN 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 MORGAN DRIVE?

8 MORGAN DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 8 on MORGAN DRIVE.