2, MINSMERE ROAD, IPSWICH, IP3 9GF - £205,000

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 MINSMERE ROAD is a very small terraced house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £240,097. It was last sold for £205,000 in July 2019, which was around 19% above the average July 2019 terraced price in the Ipswich local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

2 MINSMERE ROAD Sold Prices

Land registry data shows three sales for 2 MINSMERE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. All of the three 2 MINSMERE ROAD 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 17 JUL	£205,000	£171,788	19% above HPI
2018 29 OCT	£204,000	£175,957	16% above HPI
2003 24 JUL	£119,000	£95,266	25% above HPI

2 MINSMERE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Ipswich local authority area over time, sourced from the HPI. The three 2 MINSMERE ROAD sales between July 2003 and July 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 October 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 MINSMERE ROAD be worth now?

2 MINSMERE ROAD might now be worth an estimated £240,097.

This is based on house price inflation of 17.1%, between July 2019 and June 2025, for terraced 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 17.1% inflationary increase is applied to the most recent sale price for 2 MINSMERE ROAD of £205,000 on 17th July 2019. For the value to have increased from £205,000 to £240,097 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 2 MINSMERE ROAD has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The July 2019 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MINSMERE ROAD has not materially changed since July 2019.

How Large is 2 MINSMERE ROAD?

2 MINSMERE ROAD is 84m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 2 MINSMERE ROAD lies on this distribution: 17% of terraced houses houses are smaller than 2 MINSMERE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 MINSMERE ROAD: Plot and Title Map

2 MINSMERE ROAD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 2 MINSMERE ROAD, 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 MINSMERE ROAD). 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 MINSMERE ROAD?

2 MINSMERE ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 2 on MINSMERE ROAD.