MEETING HOUSE, THE DRIFTWAY, IPSWICH, IP4 5JZ - £248,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MEETING HOUSE is a small detached house of 101m². It was last sold for £248,500 in January 2018, which was around 25% below the average January 2018 detached price in the Ipswich local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

MEETING HOUSE Sold Prices

Land registry data shows two sales for MEETING HOUSE 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 MEETING HOUSE 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 3 JAN	£248,500	£332,435	25% below HPI
2014 21 NOV	£110,000	£260,828	58% below HPI

MEETING HOUSE 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 MEETING HOUSE sales from November 2014 and January 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 November 2014 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the January 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is MEETING HOUSE?

MEETING HOUSE is 101m² according to the EPC inspection conducted in April 2016. 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 MEETING HOUSE lies on this distribution: 36% of detached houses are smaller than MEETING HOUSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

MEETING HOUSE: Plot and Title Map

MEETING HOUSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of MEETING HOUSE, 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 MEETING HOUSE). 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 MEETING HOUSE?

MEETING HOUSE is located on THE DRIFTWAY in IPSWICH, in the IP4 postcode district. The below map shows the position of MEETING HOUSE on THE DRIFTWAY.