DRAKENWYCK, PURDIS FARM LANE, IPSWICH, IP3 8UF - £575,000

DRAKENWYCK is a very large extended detached house of 248m², built sometime between 1996 and 2002. It was last sold for £575,000 in October 2004, which was around 160% above the average October 2004 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

DRAKENWYCK Sold Prices

Land registry data shows four sales for DRAKENWYCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four DRAKENWYCK 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
2004 4 OCT	£575,000	£221,394	160% above HPI
2002 10 MAY	£250,000	£153,113	63% above HPI
2001 30 MAR	£197,000	£125,631	57% above HPI
1998 20 MAR	£80,000	£83,317	4% below HPI

DRAKENWYCK 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 four DRAKENWYCK sales between March 1998 and October 2004 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 May 2002 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2004 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

How Large is DRAKENWYCK?

DRAKENWYCK is 248m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where DRAKENWYCK lies on this distribution: 96% of detached houses are smaller than DRAKENWYCK, and 4% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

DRAKENWYCK: Plot and Title Map

DRAKENWYCK sits on a plot of roughly 0.669 of an acre, or 2,707m². The below map shows the location of DRAKENWYCK, 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 DRAKENWYCK). 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 DRAKENWYCK?

DRAKENWYCK is located on PURDIS FARM LANE in IPSWICH, in the IP3 postcode district. The below map shows the position of DRAKENWYCK on PURDIS FARM LANE.