7, MOUNT DRIVE, PURDIS FARM, IPSWICH, IP3 8UU - £178,000

7 MOUNT DRIVE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £178,000 in February 2011, which was around 28% below the average February 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

7 MOUNT DRIVE Sold Prices

Land registry data shows two sales for 7 MOUNT 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 East Suffolk local authority area for the corresponding sale date. Both of the two 7 MOUNT 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
2011 18 FEB	£178,000	£247,727	28% below HPI
1996 4 JUN	£65,000	£73,908	12% below HPI

7 MOUNT 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 two 7 MOUNT DRIVE sales from June 1996 and February 2011 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 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 MOUNT DRIVE?

7 MOUNT DRIVE is 85m² according to the EPC inspection conducted in May 2010. 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 7 MOUNT DRIVE lies on this distribution: 19% of detached houses are smaller than 7 MOUNT DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

7 MOUNT DRIVE: Plot and Title Map

7 MOUNT DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 7 MOUNT 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 7 MOUNT 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 7 MOUNT DRIVE?

7 MOUNT DRIVE is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 7 on MOUNT DRIVE.