8, PHOENIX ROAD, IPSWICH, IP4 4ND - £185,000

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.

8 PHOENIX ROAD is a very small extended terraced house of 78m², built sometime before 1900, which could now be worth an estimated £215,693. It was last sold for £185,000 in August 2020, which was around 6% above the average August 2020 terraced price in the Ipswich local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

8 PHOENIX ROAD Sold Prices

Land registry data shows six sales for 8 PHOENIX ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. Most of the six 8 PHOENIX ROAD 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 25 AUG	£185,000	£174,778	6% above HPI
2018 15 JUN	£183,000	£172,627	6% above HPI
2015 12 AUG	£155,000	£144,546	7% above HPI
2009 16 OCT	£128,000	£114,123	12% above HPI
2004 30 APR	£119,000	£101,245	18% above HPI
1997 30 APR	£30,250	£36,827	18% below HPI

8 PHOENIX ROAD 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 six 8 PHOENIX ROAD sales between April 1997 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 June 2018 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2020 sale, which was also at 6% above the HPI.

What might 8 PHOENIX ROAD be worth now?

8 PHOENIX ROAD might now be worth an estimated £215,693.

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 8 PHOENIX ROAD of £185,000 on 25th August 2020. For the value to have increased from £185,000 to £215,693 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 8 PHOENIX ROAD has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The August 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PHOENIX ROAD has not materially changed since August 2020.

How Large is 8 PHOENIX ROAD?

8 PHOENIX ROAD is 78m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 8 PHOENIX ROAD lies on this distribution: 11% of terraced houses houses are smaller than 8 PHOENIX ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 PHOENIX ROAD: Plot and Title Map

8 PHOENIX ROAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 8 PHOENIX ROAD, 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 8 PHOENIX ROAD). 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 8 PHOENIX ROAD?

8 PHOENIX ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 8 on PHOENIX ROAD.