11, FARMLAND CLOSE, REYDON, SOUTHWOLD, IP18 6YF - £255,000

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

11 FARMLAND CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £255,000 in March 2020, which was around 27% below the average March 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

11 FARMLAND CLOSE Sold Prices

Land registry data shows three sales for 11 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. All of the three 11 FARMLAND CLOSE sales were 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 24 MAR	£255,000	£347,521	27% below HPI
2012 4 DEC	£210,000	£247,014	15% below HPI
2004 6 APR	£170,000	£207,974	18% below HPI

11 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 11 FARMLAND CLOSE sales between April 2004 and March 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 December 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 11 FARMLAND CLOSE be worth now?

11 FARMLAND CLOSE might now be worth an estimated £302,964.

This is based on house price inflation of 18.8%, between March 2020 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 18.8% inflationary increase is applied to the most recent sale price for 11 FARMLAND CLOSE of £255,000 on 24th March 2020. For the value to have increased from £255,000 to £302,964 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 11 FARMLAND CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FARMLAND CLOSE has not materially changed since March 2020.

How Large is 11 FARMLAND CLOSE?

11 FARMLAND CLOSE is 76m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 11 FARMLAND CLOSE lies on this distribution: 18% of detached houses houses are smaller than 11 FARMLAND CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Reydon.

11 FARMLAND CLOSE: Plot and Title Map

11 FARMLAND CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 11 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 11 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 11 FARMLAND CLOSE?

11 FARMLAND CLOSE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 11 on FARMLAND CLOSE.