2, PRESTON DRIVE, IPSWICH, IP1 6DR - £290,000

2 PRESTON DRIVE is a small detached house of 92m², built sometime between 1930 and 1949. It was last sold for £290,000 in September 2019, which was around 15% below the average September 2019 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2 PRESTON DRIVE Sold Prices

Land registry data shows two sales for 2 PRESTON DRIVE 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. Both of the two 2 PRESTON DRIVE 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
2019 13 SEP	£290,000	£341,517	15% below HPI
2002 22 MAR	£121,995	£146,711	17% below HPI

2 PRESTON DRIVE 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 PRESTON DRIVE sales from March 2002 and September 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 March 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 PRESTON DRIVE?

2 PRESTON DRIVE is 92m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 PRESTON DRIVE lies on this distribution: 27% of detached houses are smaller than 2 PRESTON DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 PRESTON DRIVE: Plot and Title Map

2 PRESTON DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 PRESTON DRIVE, 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 PRESTON DRIVE). 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 PRESTON DRIVE?

2 PRESTON DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 2 on PRESTON DRIVE.