40, MONMOUTH CLOSE, IPSWICH, IP2 8RS - £225,000

40 MONMOUTH CLOSE is a midsized extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £225,000 in August 2014, which was around 13% below the average August 2014 detached price in the Ipswich local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

40 MONMOUTH CLOSE Sold Prices

Land registry data shows three sales for 40 MONMOUTH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Two of the three 40 MONMOUTH CLOSE sales were for below the average price, whilst one was 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
2014 5 AUG	£225,000	£259,697	13% below HPI
2004 17 JUN	£184,000	£212,001	13% below HPI
1995 8 DEC	£72,500	£69,483	4% above HPI

40 MONMOUTH CLOSE 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 three 40 MONMOUTH CLOSE sales between December 1995 and August 2014 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 June 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2014 sale, which was also at 13% below the HPI.

How Large is 40 MONMOUTH CLOSE?

40 MONMOUTH CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 40 MONMOUTH CLOSE lies on this distribution: 45% of detached houses are smaller than 40 MONMOUTH CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

40 MONMOUTH CLOSE: Plot and Title Map

40 MONMOUTH CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 40 MONMOUTH 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 40 MONMOUTH 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 40 MONMOUTH CLOSE?

40 MONMOUTH CLOSE is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 40 on MONMOUTH CLOSE.