3A, PRESTON DRIVE, IPSWICH, IP1 6DR - £255,000

3A PRESTON DRIVE is a very small detached house of 70m². It was last sold for £255,000 in February 2021, which was around 30% below the average February 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

3A PRESTON DRIVE Sold Prices

Land registry data shows two sales for 3A 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 3A 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
2021 26 FEB	£255,000	£364,926	30% below HPI
2017 6 JAN	£260,000	£319,538	19% below HPI

3A 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 3A PRESTON DRIVE sales from January 2017 and February 2021 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3A PRESTON DRIVE?

3A PRESTON DRIVE is 70m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 3A PRESTON DRIVE lies on this distribution: 6% of detached houses are smaller than 3A PRESTON DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3A PRESTON DRIVE: Plot and Title Map

3A PRESTON DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 3A 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 3A 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 3A PRESTON DRIVE?

3A PRESTON DRIVE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 3A on PRESTON DRIVE.