11, HERVEY CLOSE, SHOTLEY GATE, IPSWICH, IP9 1RR - £200,000

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.

11 HERVEY CLOSE is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £202,389. It was last sold for £200,000 in February 2023, which was around 16% below the average February 2023 terraced price in the Babergh local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

11 HERVEY CLOSE Sold Prices

Land registry data shows three sales for 11 HERVEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. All of the three 11 HERVEY 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
2023 15 FEB	£200,000	£239,002	16% below HPI
2014 3 OCT	£124,000	£165,204	25% below HPI
2003 4 JUL	£90,000	£99,035	9% below HPI

11 HERVEY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Babergh local authority area over time, sourced from the HPI. The three 11 HERVEY CLOSE sales between July 2003 and February 2023 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 October 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 HERVEY CLOSE be worth now?

11 HERVEY CLOSE might now be worth an estimated £202,389.

This is based on house price inflation of 1.2%, between February 2023 and June 2025, for terraced houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for 11 HERVEY CLOSE of £200,000 on 15th February 2023. For the value to have increased from £200,000 to £202,389 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 11 HERVEY CLOSE has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The February 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HERVEY CLOSE has not materially changed since February 2023.

How Large is 11 HERVEY CLOSE?

11 HERVEY CLOSE is 55m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of terraced houses houses in Shotley Gate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shotley Gate, and where 11 HERVEY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 11 HERVEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shotley Gate.

11 HERVEY CLOSE: Plot and Title Map

11 HERVEY CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 11 HERVEY 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 11 HERVEY 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 11 HERVEY CLOSE?

11 HERVEY CLOSE is located in SHOTLEY GATE, in the IP9 postcode district. The below map shows the position of No. 11 on HERVEY CLOSE.