13, HERVEY CLOSE, SHOTLEY GATE, IPSWICH, IP9 1RR - £170,000

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.

13 HERVEY CLOSE is a very small terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £190,644. It was last sold for £170,000 in January 2021, which was around 21% below the average January 2021 terraced price in the Babergh local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

13 HERVEY CLOSE Sold Prices

Land registry data shows seven sales for 13 HERVEY CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. All of the seven 13 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
2021 22 JAN	£170,000	£215,667	21% below HPI
2015 6 NOV	£135,000	£175,460	23% below HPI
2009 3 DEC	£109,000	£141,883	23% below HPI
2006 31 MAY	£115,000	£135,044	15% below HPI
2004 2 APR	£90,000	£112,553	20% below HPI
1998 30 OCT	£43,500	£49,344	12% below HPI
1995 21 JUL	£38,000	£40,580	6% below HPI

13 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 seven 13 HERVEY CLOSE sales between July 1995 and January 2021 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 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 13 HERVEY CLOSE be worth now?

13 HERVEY CLOSE might now be worth an estimated £190,644.

This is based on house price inflation of 12.1%, between January 2021 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 12.1% inflationary increase is applied to the most recent sale price for 13 HERVEY CLOSE of £170,000 on 22nd January 2021. For the value to have increased from £170,000 to £190,644 over the three years and seven months to June 2025, the following assumptions must hold true:

• The value of 13 HERVEY CLOSE has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The January 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 13 HERVEY CLOSE has not materially changed since January 2021.

How Large is 13 HERVEY CLOSE?

13 HERVEY CLOSE is 56m² according to the EPC inspection conducted in July 2020. 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 13 HERVEY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 13 HERVEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shotley Gate.

13 HERVEY CLOSE: Plot and Title Map

13 HERVEY CLOSE sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 13 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 13 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 13 HERVEY CLOSE?

13 HERVEY CLOSE is located in SHOTLEY GATE, in the IP9 postcode district. The below map shows the position of No. 13 on HERVEY CLOSE.