12, MORGAN DRIVE, IPSWICH, IP1 5QG - £223,000

12 MORGAN DRIVE is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £223,000 in January 2014, which was around 6% below the average January 2014 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

12 MORGAN DRIVE Sold Prices

Land registry data shows four sales for 12 MORGAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the four 12 MORGAN DRIVE 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
2014 31 JAN	£223,000	£237,757	6% below HPI
2006 21 JUL	£210,000	£226,649	7% below HPI
2004 22 MAR	£195,000	£202,244	4% below HPI
2001 20 JUL	£129,950	£132,254	2% below HPI

12 MORGAN DRIVE 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 four 12 MORGAN DRIVE sales between July 2001 and January 2014 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 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 MORGAN DRIVE?

12 MORGAN DRIVE is 116m² according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 12 MORGAN DRIVE lies on this distribution: 54% of detached houses are smaller than 12 MORGAN DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

12 MORGAN DRIVE: Plot and Title Map

12 MORGAN DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 12 MORGAN DRIVE, 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 12 MORGAN DRIVE). 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 12 MORGAN DRIVE?

12 MORGAN DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 12 on MORGAN DRIVE.