24, CINNABAR CLOSE, PINEWOOD, IPSWICH, IP8 3UB - £220,000

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.

24 CINNABAR CLOSE is a very small semi-detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £253,855. It was last sold for £220,000 in March 2020, which was around 17% below the average March 2020 semi-detached price in the Babergh local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

24 CINNABAR CLOSE Sold Prices

Land registry data shows six sales for 24 CINNABAR CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Babergh local authority area for the corresponding sale date. All of the six 24 CINNABAR 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
2020 20 MAR	£220,000	£265,533	17% below HPI
2018 20 JUL	£215,000	£269,198	20% below HPI
2014 17 OCT	£164,000	£209,162	22% below HPI
2008 4 APR	£154,000	£194,481	21% below HPI
2005 27 MAY	£133,000	£166,844	20% below HPI
2001 24 AUG	£80,995	£94,069	14% below HPI

24 CINNABAR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Babergh local authority area over time, sourced from the HPI. The six 24 CINNABAR CLOSE sales between August 2001 and March 2020 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 July 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 24 CINNABAR CLOSE be worth now?

24 CINNABAR CLOSE might now be worth an estimated £253,855.

This is based on house price inflation of 15.4%, between March 2020 and May 2026, for semi-detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for 24 CINNABAR CLOSE of £220,000 on 20th March 2020. For the value to have increased from £220,000 to £253,855 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 24 CINNABAR CLOSE has moved in line with the HPI for semi-detached houses in the Babergh local authority area.
• The March 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CINNABAR CLOSE has not materially changed since March 2020.

How Large is 24 CINNABAR CLOSE?

24 CINNABAR CLOSE is 62m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ipswich, and where 24 CINNABAR CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 24 CINNABAR CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

24 CINNABAR CLOSE: Plot and Title Map

24 CINNABAR CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 24 CINNABAR 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 24 CINNABAR 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 24 CINNABAR CLOSE?

24 CINNABAR CLOSE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 24 on CINNABAR CLOSE.