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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CRANE CLOSE is a large extended detached house of 173m², built sometime between 1996 and 2002. 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	£415,468	40% above HPI
2003 9 OCT	£265,000	£197,051	34% above HPI
2000 30 AUG	£170,000	£118,997	43% above HPI
1999 30 APR	£142,500	£90,677	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.

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 in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 1 CRANE CLOSE lies on this distribution: 77% of detached 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.