5, AMMONITE DRIVE, NEEDHAM MARKET, IPSWICH, IP6 8FJ - £355,000

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.

5 AMMONITE DRIVE is a midsized detached house of 116m², which could now be worth an estimated £408,473. It was last sold for £355,000 in April 2021, which was around 10% below the average April 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

5 AMMONITE DRIVE Sold Prices

Land registry data shows two sales for 5 AMMONITE 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two 5 AMMONITE 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 9 APR	£355,000	£396,155	10% below HPI
2018 16 MAR	£344,995	£376,029	8% below HPI

5 AMMONITE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 5 AMMONITE DRIVE sales from March 2018 and April 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 March 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 AMMONITE DRIVE be worth now?

5 AMMONITE DRIVE might now be worth an estimated £408,473.

This is based on house price inflation of 15.1%, between April 2021 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for 5 AMMONITE DRIVE of £355,000 on 9th April 2021. For the value to have increased from £355,000 to £408,473 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 5 AMMONITE DRIVE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The April 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 5 AMMONITE DRIVE has not materially changed since April 2021.

How Large is 5 AMMONITE DRIVE?

5 AMMONITE DRIVE is 116m² according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Needham Market, and where 5 AMMONITE DRIVE lies on this distribution: 59% of detached houses houses are smaller than 5 AMMONITE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

5 AMMONITE DRIVE: Plot and Title Map

5 AMMONITE DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 5 AMMONITE 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 5 AMMONITE 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 5 AMMONITE DRIVE?

5 AMMONITE DRIVE is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 5 on AMMONITE DRIVE.