10, WELL CLOSE SQUARE, FRAMLINGHAM, WOODBRIDGE, IP13 9DU - £370,000

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

10 WELL CLOSE SQUARE is a very large detached house of 171m², built sometime before 1900, which could now be worth an estimated £734,554. It was last sold for £370,000 in April 2004, which was around 78% above the average April 2004 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

10 WELL CLOSE SQUARE Sold Prices

Land registry data shows three sales for 10 WELL CLOSE SQUARE 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. All of the three 10 WELL CLOSE SQUARE 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
2004 8 APR	£370,000	£207,974	78% above HPI
2002 28 FEB	£295,000	£141,737	108% above HPI
1997 1 JUL	£144,000	£82,844	74% above HPI

10 WELL CLOSE SQUARE 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 10 WELL CLOSE SQUARE sales between July 1997 and April 2004 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 February 2002 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the April 2004 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 10 WELL CLOSE SQUARE be worth now?

10 WELL CLOSE SQUARE might now be worth an estimated £734,554.

This is based on house price inflation of 98.5%, between April 2004 and December 2024, 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 98.5% inflationary increase is applied to the most recent sale price for 10 WELL CLOSE SQUARE of £370,000 on 8th April 2004. For the value to have increased from £370,000 to £734,554 over the nineteen years and four months to December 2024, the following assumptions must hold true:

• The value of 10 WELL CLOSE SQUARE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2004 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WELL CLOSE SQUARE has not materially changed since April 2004.

How Large is 10 WELL CLOSE SQUARE?

10 WELL CLOSE SQUARE is 171m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses houses in Framlingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Framlingham, and where 10 WELL CLOSE SQUARE lies on this distribution: 91% of detached houses houses are smaller than 10 WELL CLOSE SQUARE, and 9% of houses are larger. Note that EPC data is not available for all properties in Framlingham.

10 WELL CLOSE SQUARE: Plot and Title Map

10 WELL CLOSE SQUARE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 10 WELL CLOSE SQUARE, 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 10 WELL CLOSE SQUARE). 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 10 WELL CLOSE SQUARE?

10 WELL CLOSE SQUARE is located in FRAMLINGHAM, in the IP13 postcode district. The below map shows the position of No. 10 on WELL CLOSE SQUARE.