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 WELBECK CLOSE is a midsized extended detached house of 152m², built sometime between 1996 and 2002. It was last sold for £420,000 in January 2020, which was around 18% above the average January 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 WELBECK CLOSE since 1st 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 WELBECK CLOSE sales were for above the average price, whilst one was for below 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 |
---|---|---|---|
2020 9 JAN | £420,000 | £354,972 | 18% above HPI |
2002 18 MAR | £169,000 | £144,123 | 17% above HPI |
1999 14 MAY | £23,000 | £91,995 | 75% below HPI |
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 WELBECK CLOSE sales between May 1999 and January 2020 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 March 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
1 WELBECK CLOSE is 152m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Barnby, based on EPC data. The below chart shows the distribution of detached houses by size in Barnby, and where 1 WELBECK CLOSE lies on this distribution: 57% of detached houses are smaller than 1 WELBECK CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Barnby.
1 WELBECK CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 1 WELBECK 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 WELBECK 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.
1 WELBECK CLOSE is located in BARNBY, in the NR34 postcode district. The below map shows the position of No. 1 on WELBECK CLOSE.