5, MILL ROAD DRIVE, PURDIS FARM, IPSWICH, IP3 8UT - £248,000

5 MILL ROAD DRIVE is a large detached house of 127m², built sometime between 1991 and 1995. It was last sold for £248,000 in December 2009, which was around 3% above the average December 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

5 MILL ROAD DRIVE Sold Prices

Land registry data shows four sales for 5 MILL ROAD DRIVE since 1^st 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. Most of the four 5 MILL ROAD DRIVE 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 4 DEC	£248,000	£239,716	3% above HPI
2006 24 NOV	£243,000	£241,140	1% above HPI
2004 29 SEP	£218,000	£222,189	2% below HPI
1998 15 MAY	£93,000	£85,580	9% above HPI

5 MILL ROAD DRIVE 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 MILL ROAD DRIVE sales between May 1998 and December 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 November 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2009 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 5 MILL ROAD DRIVE?

5 MILL ROAD DRIVE is 127m² according to the EPC inspection conducted in August 2009. This puts it in the largest 40% 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 MILL ROAD DRIVE lies on this distribution: 64% of detached houses are smaller than 5 MILL ROAD DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5 MILL ROAD DRIVE: Plot and Title Map

5 MILL ROAD DRIVE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 5 MILL ROAD 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 MILL ROAD 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 MILL ROAD DRIVE?

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