9, MILL ROAD DRIVE, PURDIS FARM, IPSWICH, IP3 8UT - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 MILL ROAD DRIVE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £270,000 in May 2021, which was around 28% below the average May 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

9 MILL ROAD DRIVE Sold Prices

Land registry data shows five sales for 9 MILL ROAD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The five 9 MILL ROAD DRIVE sales were a mix of below the average price, roughly equal to the average price, and above 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
2021 7 MAY	£270,000	£372,753	28% below HPI
2016 22 APR	£250,000	£308,034	19% below HPI
2012 17 AUG	£190,000	£248,594	24% below HPI
2002 19 JUL	£165,000	£158,620	4% above HPI
1997 3 OCT	£84,000	£84,012	Close to HPI

9 MILL ROAD 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 five 9 MILL ROAD DRIVE sales between October 1997 and May 2021 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 9 MILL ROAD DRIVE?

9 MILL ROAD DRIVE is 100m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 9 MILL ROAD DRIVE lies on this distribution: 35% of detached houses are smaller than 9 MILL ROAD DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

9 MILL ROAD DRIVE: Plot and Title Map

9 MILL ROAD DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 9 MILL ROAD 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 9 MILL ROAD 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 9 MILL ROAD DRIVE?

9 MILL ROAD DRIVE is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 9 on MILL ROAD DRIVE.