Flat 1 2, Mimas Way, IP1 5FD
Flat 1 2 Mimas Way is a 48 m² / 517 sq ft property in Ipswich. It sold for £136,000 in March 2025. Indexed forward to today's value, that sale is roughly £139k. Recent local prices imply a broad valuation context of £115k to £145k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Mar 2025 £136,000 * Leasehold 37.8% 31.2% Oct 2020 £32,508 * Freehold na na Sep 2020 £132,500 Leasehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 48 square metres (517 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,833 per square metre (£263 per square foot) in Mar 2025. Indexed forward to today's value, this is roughly £2,895 per square metre (£269 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Mar 2025 £136,000 £2,833 £138,950 £2,895 Oct 2020 £32,508 £677 £36,566 £762 Sep 2020 £132,500 £2,760 £132,353 £2,757 Calculated using the latest EPC internal area of 48 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £138,950. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Ipswich are now selling for between £2,390 and £3,020 per square metre (£222 and £280 per square foot). Based on an internal area of 48 m², this implies a valuation between £115,000 and £145,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- na
- Type
- Other
- Council tax band
- na
- Summary:
- 14 March 2019 - energy performance certificate grade B
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- New dwelling
- Tenure:
- Unknown
- Property type:
- 1st floor flat in an apartment block with 1 storeys Estimated year built None to None
- Area:
- 48 sqm (517 square foot) total internal area
- Comments:
- Roof: (other premises above). Heating: Boiler and radiators, mains gas.
Flat 1 2 Mimas Way is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £138,950.
- Based on an internal area of 48 m² and recent prices in Ipswich, this implies a lower and upper quartile range from £115,000 to £145,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.