14, BURNET CLOSE, PINEWOOD, IPSWICH, IP8 3TN - £225,000

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.

14 BURNET CLOSE is a very small terraced house of 68m², built sometime from 2007 onwards, which could now be worth an estimated £269,954. It was last sold for £225,000 in October 2018, which was around 12% above the average October 2018 terraced price in the Babergh local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

14 BURNET CLOSE Sold Prices

Land registry data shows four sales for 14 BURNET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. All of the four 14 BURNET CLOSE sales were for above 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 17 OCT	£225,000	£201,582	12% above HPI
2014 18 JUN	£175,000	£158,869	10% above HPI
2006 15 MAY	£149,995	£135,044	11% above HPI
2001 29 JUN	£88,000	£68,575	28% above HPI

14 BURNET 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 four 14 BURNET CLOSE sales between June 2001 and October 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 June 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 14 BURNET CLOSE be worth now?

14 BURNET CLOSE might now be worth an estimated £269,954.

This is based on house price inflation of 20%, between October 2018 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 20% inflationary increase is applied to the most recent sale price for 14 BURNET CLOSE of £225,000 on 17th October 2018. For the value to have increased from £225,000 to £269,954 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 14 BURNET CLOSE has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The October 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BURNET CLOSE has not materially changed since October 2018.

How Large is 14 BURNET CLOSE?

14 BURNET CLOSE is 68m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of terraced houses houses in Ipswich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ipswich, and where 14 BURNET CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 14 BURNET CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

14 BURNET CLOSE: Plot and Title Map

14 BURNET CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 14 BURNET 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 14 BURNET 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 14 BURNET CLOSE?

14 BURNET CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 14 on BURNET CLOSE.