5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN - £270,000

5 ESSEX WAY is a very small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £270,000 in June 2021, which was around 31% below the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

5 ESSEX WAY Sold Prices

Land registry data shows four sales for 5 ESSEX WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 5 ESSEX WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2021
21 JUN
£270,000£392,677
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31% below HPI
2006
4 AUG
£179,000£235,518
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24% below HPI
1998
23 JAN
£67,000£84,213
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20% below HPI
1997
15 MAY
£64,500£79,476
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19% below HPI

5 ESSEX WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 5 ESSEX WAY sales between May 1997 and June 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 August 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN: Price paid vs HM Land Registry's House Price Index

How Large is 5 ESSEX WAY?

5 ESSEX WAY is 85m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 5 ESSEX WAY lies on this distribution: 19% of detached houses are smaller than 5 ESSEX WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN: Size of property relative to detached houses in Ipswich

5 ESSEX WAY: Plot and Title Map

5 ESSEX WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 5 ESSEX 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 5 ESSEX 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.

5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN: Plot and title map

Where is 5 ESSEX WAY?

5 ESSEX WAY is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 5 on ESSEX WAY.

5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN: Location map and indicative extent of plot

All sales of detached houses on ESSEX WAY

5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN
2021
21 JUN
£270,000
9, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN
2012
16 NOV
£158,000
5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN
2006
4 AUG
£179,000
1, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN
2006
7 JUL
£157,000
5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN
1998
23 JAN
£67,000
5, ESSEX WAY, PURDIS FARM, IPSWICH, IP3 8SN
1997
15 MAY
£64,500
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.