We present time-resolved photometry of a cataclysmic variable discovered in the Isaac Newton Telescope Photometric H alpha Survey of the northern galactic plane, IPHAS J062746.41+014811.3, and classify the system as the fourth deeply eclipsing intermediate polar known with an orbital period of P-orb = 8.16 hr and a spin period of P-spin = 2210 s. The system shows mild variations of its brightness that appear to be accompanied by a change in the amplitude of the spin modulation at optical wavelengths and a change in the morphology of the eclipse profile. The inferred magnetic moment of the white dwarf is mu(wd) similar to (6-7) x 10(33) G cm(3), and in this case IPHAS J062746.41+014811.3 will evolve either into a short-period EX Hya-like intermediate polar with a large P-spin/P-orb ratio or, perhaps more likely, into a synchronized polar. Swift observations show that the system is an ultraviolet and X-ray source, with a hard X-ray spectrum that is consistent with those seen in other intermediate polars. The ultraviolet light curve shows orbital modulation and an eclipse, while the low signal-to-noise ratio X-ray light curve does not show a significant modulation on the spin period. The measured X-ray flux is about an order of magnitude lower than would be expected from scaling by the optical fluxes of well-known X-ray-selected intermediate polars.