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

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.

MEETING HOUSE is a small detached house of 101m², which could now be worth an estimated £292,098. It was last sold for £248,500 in January 2018, which was around 27% 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	£338,464	27% below HPI
2014 21 NOV	£110,000	£265,559	59% 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 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the January 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might MEETING HOUSE be worth now?

MEETING HOUSE might now be worth an estimated £292,098.

This is based on house price inflation of 17.5%, between January 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 17.5% inflationary increase is applied to the most recent sale price for MEETING HOUSE of £248,500 on 3rd January 2018. For the value to have increased from £248,500 to £292,098 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of MEETING HOUSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The January 2018 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of MEETING HOUSE has not materially changed since January 2018.

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 houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where MEETING HOUSE lies on this distribution: 36% of detached houses 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.