2, BURNET CLOSE, PINEWOOD, IPSWICH, IP8 3TN - £181,000

2 BURNET CLOSE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £181,000 in November 2008, which was around 30% below the average November 2008 detached price in the Babergh local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

2 BURNET CLOSE Sold Prices

Land registry data shows two sales for 2 BURNET CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 2 BURNET 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
2008 12 NOV	£181,000	£257,936	30% below HPI
2003 28 NOV	£150,000	£225,938	34% below HPI

2 BURNET CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 2 BURNET CLOSE sales from November 2003 and November 2008 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 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2008 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 BURNET CLOSE?

2 BURNET CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 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 2 BURNET CLOSE lies on this distribution: 39% of detached houses are smaller than 2 BURNET CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 BURNET CLOSE: Plot and Title Map

2 BURNET CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 2 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 2 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 2 BURNET CLOSE?

2 BURNET CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 2 on BURNET CLOSE.