6, MALKIN CLOSE, IPSWICH, IP1 6FE - £232,500

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.

6 MALKIN CLOSE is a midsized terraced house of 107m², built sometime from 2012 onwards, which could now be worth an estimated £271,074. It was last sold for £232,500 in August 2020, which was around 33% above the average August 2020 terraced price in the Ipswich local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

6 MALKIN CLOSE Sold Prices

Land registry data shows three sales for 6 MALKIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. All of the three 6 MALKIN CLOSE 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
2020 17 AUG	£232,500	£174,778	33% above HPI
2015 2 SEP	£210,000	£144,647	45% above HPI
2014 6 MAY	£192,000	£132,315	45% above HPI

6 MALKIN CLOSE 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 three 6 MALKIN CLOSE sales between May 2014 and August 2020 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 September 2015 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 6 MALKIN CLOSE be worth now?

6 MALKIN CLOSE might now be worth an estimated £271,074.

This is based on house price inflation of 16.6%, between August 2020 and May 2026, 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 16.6% inflationary increase is applied to the most recent sale price for 6 MALKIN CLOSE of £232,500 on 17th August 2020. For the value to have increased from £232,500 to £271,074 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 6 MALKIN CLOSE has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The August 2020 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 6 MALKIN CLOSE has not materially changed since August 2020.

How Large is 6 MALKIN CLOSE?

6 MALKIN CLOSE is 107m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 50% 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 6 MALKIN CLOSE lies on this distribution: 42% of terraced houses houses are smaller than 6 MALKIN CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

6 MALKIN CLOSE: Plot and Title Map

6 MALKIN CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 6 MALKIN 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 6 MALKIN 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 6 MALKIN CLOSE?

6 MALKIN CLOSE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 6 on MALKIN CLOSE.