27, MITRE WAY, IPSWICH, IP3 8DH - £118,000

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.

27 MITRE WAY is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £204,390. It was last sold for £118,000 in July 2011, which was around 2% above the average July 2011 terraced price in the Ipswich local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

27 MITRE WAY Sold Prices

Land registry data shows four sales for 27 MITRE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. Most of the four 27 MITRE WAY 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
2011 29 JUL	£118,000	£116,158	2% above HPI
2011 18 JAN	£91,000	£117,169	22% below HPI
2003 5 SEP	£107,000	£95,486	12% above HPI
1999 1 NOV	£57,995	£49,288	18% above HPI

27 MITRE WAY 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 four 27 MITRE WAY sales between November 1999 and July 2011 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 January 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2011 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 27 MITRE WAY be worth now?

27 MITRE WAY might now be worth an estimated £204,390.

This is based on house price inflation of 73.2%, between July 2011 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 73.2% inflationary increase is applied to the most recent sale price for 27 MITRE WAY of £118,000 on 29th July 2011. For the value to have increased from £118,000 to £204,390 over the fourteen years and one month to June 2025, the following assumptions must hold true:

• The value of 27 MITRE WAY has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The July 2011 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MITRE WAY has not materially changed since July 2011.

How Large is 27 MITRE WAY?

27 MITRE WAY is 58m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 10% 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 27 MITRE WAY lies on this distribution: 2% of terraced houses houses are smaller than 27 MITRE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

27 MITRE WAY: Plot and Title Map

27 MITRE WAY sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 27 MITRE WAY, 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 27 MITRE WAY). 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 27 MITRE WAY?

27 MITRE WAY is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 27 on MITRE WAY.