...location by IP address alone is a mixed bag. If your ISP has properly registered the details, the IP address alone will likely show you (on the first page on the link) at a registered location for your ISP. (Mine does - nowhere near my physical location)
The more "sophisticated" IP Geolocation services, however, use a wealth of other information trawled for the IP address which can get much closer to identifying your physical location. That data can be rather dynamic, and as such may show location drift over time, or varying results depending on data used.
Clicking on the link above on "IP Address Details (Show more details)" will reveal a "best guess" from consolidated data used by this particular link.
Clicking on "details" against "IP Location" will reveal the databases it has used for this, and where each individual one places the physical location (you can see, the varying data used gives different values)
When I posted the link originally, using "IP Address Details (Show more details)" identified our village correctly. Today it is about 4 miles away (but still close).
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