FLAT 10, 2, BACK HAMLET, IPSWICH, IP3 8AJ - £78,000

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.

FLAT 10 2 BACK HAMLET is a very small flat of 44m², built sometime between 1930 and 1949, which could now be worth an estimated £70,785. It was last sold for £78,000 in June 2022, which was around 45% below the average June 2022 flat price in the Ipswich local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

FLAT 10 2 BACK HAMLET Sold Prices

Land registry data shows two sales for FLAT 10 2 BACK HAMLET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Ipswich local authority area for the corresponding sale date. One of the two FLAT 10 2 BACK HAMLET sales was for below the average price, whilst the other was 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
2022 30 JUN	£78,000	£141,014	45% below HPI
2007 5 FEB	£144,000	£106,069	36% above HPI

What might FLAT 10 2 BACK HAMLET be worth now?

FLAT 10 2 BACK HAMLET might now be worth an estimated £70,785.

This is based on house price deflation of 9.2%, between June 2022 and May 2026, for flats, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% deflationary decrease is applied to the most recent sale price for FLAT 10 2 BACK HAMLET of £78,000 on 30th June 2022. For the value to have decreased from £78,000 to £70,785 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of FLAT 10 2 BACK HAMLET has moved in line with the HPI for flats in the Ipswich local authority area.
• The June 2022 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 10 2 BACK HAMLET has not materially changed since June 2022.

How Large is FLAT 10 2 BACK HAMLET?

FLAT 10 2 BACK HAMLET is 44m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of flats in Ipswich, based on EPC data. 16% of flats are smaller than FLAT 10 2 BACK HAMLET, and 82% of flats are larger. Note that EPC data is not available for all properties in Ipswich.

FLAT 10 2 BACK HAMLET: Plot

FLAT 10 2 BACK HAMLET sits on a plot of roughly 0.172 of an acre, or 695m².

Where is FLAT 10 2 BACK HAMLET?

FLAT 10, 2 BACK HAMLET is located in IPSWICH, in the IP3 postcode district.