15, BLACKTHORN CLOSE, PURDIS FARM, IPSWICH, IP3 8SR - £227,500

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.

15 BLACKTHORN CLOSE is a very small extended terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £280,197. It was last sold for £227,500 in June 2019, which was around 33% above the average June 2019 terraced price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

15 BLACKTHORN CLOSE Sold Prices

Land registry data shows three sales for 15 BLACKTHORN 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 East Suffolk local authority area for the corresponding sale date. All of the three 15 BLACKTHORN 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
2019 14 JUN	£227,500	£170,725	33% above HPI
2005 9 SEP	£144,000	£114,543	26% above HPI
1998 23 FEB	£53,000	£38,168	39% above HPI

15 BLACKTHORN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The three 15 BLACKTHORN CLOSE sales between February 1998 and June 2019 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 September 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2019 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 15 BLACKTHORN CLOSE be worth now?

15 BLACKTHORN CLOSE might now be worth an estimated £280,197.

This is based on house price inflation of 23.2%, between June 2019 and June 2025, for terraced houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.2% inflationary increase is applied to the most recent sale price for 15 BLACKTHORN CLOSE of £227,500 on 14th June 2019. For the value to have increased from £227,500 to £280,197 over the six years to June 2025, the following assumptions must hold true:

• The value of 15 BLACKTHORN CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The June 2019 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 15 BLACKTHORN CLOSE has not materially changed since June 2019.

How Large is 15 BLACKTHORN CLOSE?

15 BLACKTHORN CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 15 BLACKTHORN CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 15 BLACKTHORN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

15 BLACKTHORN CLOSE: Plot and Title Map

15 BLACKTHORN CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 15 BLACKTHORN 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 15 BLACKTHORN 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 15 BLACKTHORN CLOSE?

15 BLACKTHORN CLOSE is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 15 on BLACKTHORN CLOSE.