1, CRANE CLOSE, WOODBRIDGE, IP12 4TF - £582,500

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.

1 CRANE CLOSE is a large extended detached house of 173m², built sometime between 1996 and 2002, which could now be worth an estimated £593,033. It was last sold for £582,500 in July 2023, which was around 40% above the average July 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

1 CRANE CLOSE Sold Prices

Land registry data shows four sales for 1 CRANE CLOSE 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. All of the four 1 CRANE CLOSE 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
2023 11 JUL	£582,500	£415,532	40% above HPI
2003 9 OCT	£265,000	£197,081	34% above HPI
2000 30 AUG	£170,000	£119,015	43% above HPI
1999 30 APR	£142,500	£90,692	57% above HPI

1 CRANE CLOSE 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 1 CRANE CLOSE sales between April 1999 and July 2023 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 October 2003 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2023 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 1 CRANE CLOSE be worth now?

1 CRANE CLOSE might now be worth an estimated £593,033.

This is based on house price inflation of 1.8%, between July 2023 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% inflationary increase is applied to the most recent sale price for 1 CRANE CLOSE of £582,500 on 11th July 2023. For the value to have increased from £582,500 to £593,033 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 1 CRANE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2023 sale price of £582,500 represented a fair market value for the property.
• The size, condition, and specification of 1 CRANE CLOSE has not materially changed since July 2023.

How Large is 1 CRANE CLOSE?

1 CRANE CLOSE is 173m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodbridge, and where 1 CRANE CLOSE lies on this distribution: 77% of detached houses houses are smaller than 1 CRANE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

1 CRANE CLOSE: Plot and Title Map

1 CRANE CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 CRANE CLOSE, 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 1 CRANE CLOSE). 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 1 CRANE CLOSE?

1 CRANE CLOSE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 1 on CRANE CLOSE.