1, FARMLAND CLOSE, REYDON, SOUTHWOLD, IP18 6YF - £285,500

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 FARMLAND CLOSE is a midsized extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £391,500. It was last sold for £285,500 in March 2016, which was around 7% below the average March 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

1 FARMLAND CLOSE Sold Prices

Land registry data shows three sales for 1 FARMLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 1 FARMLAND CLOSE sales were for below the average price, whilst one was 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
2016 30 MAR	£285,500	£308,505	7% below HPI
2006 12 APR	£232,000	£220,219	5% above HPI
1995 20 OCT	£59,995	£72,143	17% below HPI

1 FARMLAND 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 three 1 FARMLAND CLOSE sales between October 1995 and March 2016 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 April 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 FARMLAND CLOSE be worth now?

1 FARMLAND CLOSE might now be worth an estimated £391,500.

This is based on house price inflation of 37.1%, between March 2016 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 37.1% inflationary increase is applied to the most recent sale price for 1 FARMLAND CLOSE of £285,500 on 30th March 2016. For the value to have increased from £285,500 to £391,500 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 1 FARMLAND CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2016 sale price of £285,500 represented a fair market value for the property.
• The size, condition, and specification of 1 FARMLAND CLOSE has not materially changed since March 2016.

How Large is 1 FARMLAND CLOSE?

1 FARMLAND CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reydon, and where 1 FARMLAND CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 FARMLAND CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Reydon.

1 FARMLAND CLOSE: Plot and Title Map

1 FARMLAND CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 1 FARMLAND 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 FARMLAND 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 FARMLAND CLOSE?

1 FARMLAND CLOSE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 1 on FARMLAND CLOSE.