1, HOWARDS CLOSE, GISLINGHAM, EYE, IP23 8JZ - £337,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 HOWARDS CLOSE is a midsized extended detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £580,340. It was last sold for £337,000 in December 2011, which was around 27% above the average December 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

1 HOWARDS CLOSE Sold Prices

Land registry data shows three sales for 1 HOWARDS 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 Mid Suffolk local authority area for the corresponding sale date. All of the three 1 HOWARDS 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
2011 15 DEC	£337,000	£264,696	27% above HPI
2004 5 AUG	£270,000	£233,263	16% above HPI
1999 30 APR	£130,000	£109,626	19% above HPI

1 HOWARDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 1 HOWARDS CLOSE sales between April 1999 and December 2011 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 August 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2011 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 1 HOWARDS CLOSE be worth now?

1 HOWARDS CLOSE might now be worth an estimated £580,340.

This is based on house price inflation of 72.2%, between December 2011 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.2% inflationary increase is applied to the most recent sale price for 1 HOWARDS CLOSE of £337,000 on 15th December 2011. For the value to have increased from £337,000 to £580,340 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 HOWARDS CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2011 sale price of £337,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOWARDS CLOSE has not materially changed since December 2011.

How Large is 1 HOWARDS CLOSE?

1 HOWARDS CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gislingham, and where 1 HOWARDS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 HOWARDS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

1 HOWARDS CLOSE: Plot and Title Map

1 HOWARDS CLOSE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 1 HOWARDS 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 HOWARDS 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 HOWARDS CLOSE?

1 HOWARDS CLOSE is located in GISLINGHAM, in the IP23 postcode district. The below map shows the position of No. 1 on HOWARDS CLOSE.