1, BALLATER CLOSE, IPSWICH, IP1 6LL - £195,000

1 BALLATER CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £195,000 in March 2020, which was around 41% below the average March 2020 detached price in the Ipswich local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

1 BALLATER CLOSE Sold Prices

Land registry data shows three sales for 1 BALLATER 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 1 BALLATER 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
2020 20 MAR	£195,000	£332,596	41% below HPI
2018 28 FEB	£245,000	£333,363	27% below HPI
2015 18 SEP	£181,000	£278,936	35% below HPI

1 BALLATER 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 1 BALLATER CLOSE sales between September 2015 and March 2020 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 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 BALLATER CLOSE?

1 BALLATER CLOSE is 66m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 1 BALLATER CLOSE lies on this distribution: 4% of detached houses are smaller than 1 BALLATER CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

1 BALLATER CLOSE: Plot and Title Map

1 BALLATER CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 1 BALLATER 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 1 BALLATER 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 1 BALLATER CLOSE?

1 BALLATER CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 1 on BALLATER CLOSE.