8, SPITFIRE CLOSE, IPSWICH, IP3 9TG - £80,000

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 SPITFIRE CLOSE is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £222,065. It was last sold for £80,000 in May 2002, which was around 10% above the average May 2002 terraced price in the Ipswich local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

8 SPITFIRE CLOSE Sold Prices

Land registry data shows two sales for 8 SPITFIRE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. Both of the two 8 SPITFIRE 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
2002 1 MAY	£80,000	£72,483	10% above HPI
2000 30 JUN	£65,000	£55,547	17% above HPI

8 SPITFIRE 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 two 8 SPITFIRE CLOSE sales from June 2000 and May 2002 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 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2002 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 8 SPITFIRE CLOSE be worth now?

8 SPITFIRE CLOSE might now be worth an estimated £222,065.

This is based on house price inflation of 177.6%, between May 2002 and June 2025, 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 177.6% inflationary increase is applied to the most recent sale price for 8 SPITFIRE CLOSE of £80,000 on 1st May 2002. For the value to have increased from £80,000 to £222,065 over the 22 years and eleven months to June 2025, the following assumptions must hold true:

• The value of 8 SPITFIRE CLOSE has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The May 2002 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPITFIRE CLOSE has not materially changed since May 2002.

How Large is 8 SPITFIRE CLOSE?

8 SPITFIRE CLOSE is 58m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% 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 SPITFIRE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 8 SPITFIRE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 SPITFIRE CLOSE: Plot and Title Map

8 SPITFIRE CLOSE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 8 SPITFIRE 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 SPITFIRE 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 SPITFIRE CLOSE?

8 SPITFIRE CLOSE is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 8 on SPITFIRE CLOSE.