9, RILEY CLOSE, IPSWICH, IP1 5QD - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 RILEY CLOSE is a midsized detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £338,601. It was last sold for £300,000 in August 2018, which was around 15% below the average August 2018 detached price in the Ipswich local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.

9 RILEY CLOSE Sold Prices

Land registry data shows three sales for 9 RILEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the three 9 RILEY 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
2018 31 AUG	£300,000	£352,491	15% below HPI
2001 19 JUL	£125,000	£134,652	7% below HPI
2000 8 SEP	£119,950	£123,964	3% below HPI

9 RILEY 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 three 9 RILEY CLOSE sales between September 2000 and August 2018 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 July 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 9 RILEY CLOSE be worth now?

9 RILEY CLOSE might now be worth an estimated £338,601.

This is based on house price inflation of 12.9%, between August 2018 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 12.9% inflationary increase is applied to the most recent sale price for 9 RILEY CLOSE of £300,000 on 31st August 2018. For the value to have increased from £300,000 to £338,601 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 9 RILEY CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The August 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RILEY CLOSE has not materially changed since August 2018.

How Large is 9 RILEY CLOSE?

9 RILEY CLOSE is 121m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 9 RILEY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 9 RILEY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

9 RILEY CLOSE: Plot and Title Map

9 RILEY CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 9 RILEY 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 9 RILEY 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 9 RILEY CLOSE?

9 RILEY CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 9 on RILEY CLOSE.