8, RANDWELL CLOSE, IPSWICH, IP4 5ES - £170,000

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 RANDWELL CLOSE is a small extended semi-detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £295,265. It was last sold for £170,000 in July 2012, which was around 14% above the average July 2012 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

8 RANDWELL CLOSE Sold Prices

Land registry data shows two sales for 8 RANDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 8 RANDWELL 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
2012 20 JUL	£170,000	£148,994	14% above HPI
2002 12 AUG	£122,500	£101,033	21% above HPI

8 RANDWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 8 RANDWELL CLOSE sales from August 2002 and July 2012 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 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2012 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 RANDWELL CLOSE be worth now?

8 RANDWELL CLOSE might now be worth an estimated £295,265.

This is based on house price inflation of 73.7%, between July 2012 and May 2026, for semi-detached 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 73.7% inflationary increase is applied to the most recent sale price for 8 RANDWELL CLOSE of £170,000 on 20th July 2012. For the value to have increased from £170,000 to £295,265 over the fourteen years and two months to May 2026, the following assumptions must hold true:

• The value of 8 RANDWELL CLOSE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The July 2012 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RANDWELL CLOSE has not materially changed since July 2012.

How Large is 8 RANDWELL CLOSE?

8 RANDWELL CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of semi-detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ipswich, and where 8 RANDWELL CLOSE lies on this distribution: 38% of semi-detached houses houses are smaller than 8 RANDWELL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 RANDWELL CLOSE: Plot and Title Map

8 RANDWELL CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 8 RANDWELL 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 8 RANDWELL 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 8 RANDWELL CLOSE?

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