4, CORNWALLIS TERRACE, IPSWICH, IP4 5JY - £169,000

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.

4 CORNWALLIS TERRACE is a very small terraced house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £296,666. It was last sold for £169,000 in November 2009, which was around 47% above the average November 2009 terraced price in the Ipswich local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

4 CORNWALLIS TERRACE Sold Prices

Land registry data shows two sales for 4 CORNWALLIS TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. Both of the two 4 CORNWALLIS TERRACE 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
2009 17 NOV	£169,000	£114,812	47% above HPI
2004 24 AUG	£178,000	£111,024	60% above HPI

4 CORNWALLIS TERRACE 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 two 4 CORNWALLIS TERRACE sales from August 2004 and November 2009 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 August 2004 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2009 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 4 CORNWALLIS TERRACE be worth now?

4 CORNWALLIS TERRACE might now be worth an estimated £296,666.

This is based on house price inflation of 75.5%, between November 2009 and July 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 75.5% inflationary increase is applied to the most recent sale price for 4 CORNWALLIS TERRACE of £169,000 on 17th November 2009. For the value to have increased from £169,000 to £296,666 over the sixteen years and four months to July 2025, the following assumptions must hold true:

• The value of 4 CORNWALLIS TERRACE has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The November 2009 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CORNWALLIS TERRACE has not materially changed since November 2009.

How Large is 4 CORNWALLIS TERRACE?

4 CORNWALLIS TERRACE is 84m² according to the EPC inspection conducted in July 2009. 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 4 CORNWALLIS TERRACE lies on this distribution: 19% of terraced houses houses are smaller than 4 CORNWALLIS TERRACE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

4 CORNWALLIS TERRACE: Plot and Title Map

4 CORNWALLIS TERRACE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 4 CORNWALLIS TERRACE, 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 4 CORNWALLIS TERRACE). 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 4 CORNWALLIS TERRACE?

4 CORNWALLIS TERRACE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 4 on CORNWALLIS TERRACE.