2, GROSVENOR CLOSE, IPSWICH, IP4 2TU - £340,000

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.

2 GROSVENOR CLOSE is a very large extended detached house of 283m², built sometime between 1996 and 2002, which could now be worth an estimated £934,865. It was last sold for £340,000 in October 2001, which was around 132% above the average October 2001 detached price in the Ipswich local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

2 GROSVENOR CLOSE Sold Prices

Land registry data shows two sales for 2 GROSVENOR 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 Ipswich local authority area for the corresponding sale date. One of the two 2 GROSVENOR CLOSE sales was for above the average price, whilst the other was 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
2001 9 OCT	£340,000	£146,548	132% above HPI
2000 5 APR	£100,000	£112,821	11% below HPI

2 GROSVENOR 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 two 2 GROSVENOR CLOSE sales from April 2000 and October 2001 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 April 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2001 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

What might 2 GROSVENOR CLOSE be worth now?

2 GROSVENOR CLOSE might now be worth an estimated £934,865.

This is based on house price inflation of 175%, between October 2001 and October 2025, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 175% inflationary increase is applied to the most recent sale price for 2 GROSVENOR CLOSE of £340,000 on 9th October 2001. For the value to have increased from £340,000 to £934,865 over the 24 years to October 2025, the following assumptions must hold true:

• The value of 2 GROSVENOR CLOSE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The October 2001 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROSVENOR CLOSE has not materially changed since October 2001.

How Large is 2 GROSVENOR CLOSE?

2 GROSVENOR CLOSE is 283m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 2 GROSVENOR CLOSE lies on this distribution: 98% of detached houses houses are smaller than 2 GROSVENOR CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 GROSVENOR CLOSE: Plot and Title Map

2 GROSVENOR CLOSE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 2 GROSVENOR 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 GROSVENOR 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 GROSVENOR CLOSE?

2 GROSVENOR CLOSE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 2 on GROSVENOR CLOSE.