16, LOTUS CLOSE, IPSWICH, IP1 5QH - £425,000

16 LOTUS CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £425,000 in August 2022, which was around 4% above the average August 2022 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

16 LOTUS CLOSE Sold Prices

Land registry data shows three sales for 16 LOTUS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the three 16 LOTUS 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
2022 26 AUG	£425,000	£410,539	4% above HPI
2003 5 SEP	£209,500	£201,096	4% above HPI
2001 6 DEC	£154,500	£144,693	7% above HPI

16 LOTUS CLOSE 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 three 16 LOTUS CLOSE sales between December 2001 and August 2022 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2022 sale, which was also at 4% above the HPI.

How Large is 16 LOTUS CLOSE?

16 LOTUS CLOSE is 123m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 16 LOTUS CLOSE lies on this distribution: 60% of detached houses are smaller than 16 LOTUS CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

16 LOTUS CLOSE: Plot and Title Map

16 LOTUS CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 16 LOTUS 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 16 LOTUS 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 16 LOTUS CLOSE?

16 LOTUS CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 16 on LOTUS CLOSE.