8, THEBE CLOSE, IPSWICH, IP1 5AR - £127,500

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 THEBE CLOSE is a very small extended detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £175,778. It was last sold for £127,500 in November 2015, which was around 55% below the average November 2015 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

8 THEBE CLOSE Sold Prices

Land registry data shows two sales for 8 THEBE CLOSE 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 THEBE 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
2015 6 NOV	£127,500	£281,563	55% below HPI
2006 15 FEB	£114,999	£222,702	48% below HPI

8 THEBE CLOSE 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 THEBE CLOSE sales from February 2006 and November 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 February 2006 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2015 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 8 THEBE CLOSE be worth now?

8 THEBE CLOSE might now be worth an estimated £175,778.

This is based on house price inflation of 37.9%, between November 2015 and June 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 37.9% inflationary increase is applied to the most recent sale price for 8 THEBE CLOSE of £127,500 on 6th November 2015. For the value to have increased from £127,500 to £175,778 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 8 THEBE CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The November 2015 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THEBE CLOSE has not materially changed since November 2015.

How Large is 8 THEBE CLOSE?

8 THEBE CLOSE is 62m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% 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 THEBE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 8 THEBE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 THEBE CLOSE: Plot and Title Map

8 THEBE CLOSE sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 8 THEBE 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 THEBE 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 THEBE CLOSE?

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