1, SMYTH CLOSE, PEASENHALL, SAXMUNDHAM, IP17 2HE - £275,000

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 SMYTH CLOSE is a very small detached house of 101m², built sometime between 2003 and 2006. It was last sold for £275,000 in May 2015, which was around 6% below the average May 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

1 SMYTH CLOSE Sold Prices

Land registry data shows two sales for 1 SMYTH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 1 SMYTH CLOSE sales was for below the average price, whilst the other 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
2015 18 MAY	£275,000	£291,615	6% below HPI
2007 5 APR	£320,000	£245,221	30% above HPI

1 SMYTH 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 two 1 SMYTH CLOSE sales from April 2007 and May 2015 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 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 SMYTH CLOSE?

1 SMYTH CLOSE is 101m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Peasenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Peasenhall, and where 1 SMYTH CLOSE lies on this distribution: 16% of detached houses are smaller than 1 SMYTH CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Peasenhall.

1 SMYTH CLOSE: Plot and Title Map

1 SMYTH CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 1 SMYTH 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 SMYTH 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 SMYTH CLOSE?

1 SMYTH CLOSE is located in PEASENHALL, in the IP17 postcode district. The below map shows the position of No. 1 on SMYTH CLOSE.