11, JUBILEE CLOSE, LAXFIELD, WOODBRIDGE, IP13 8DQ - £350,000

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

11 JUBILEE CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £350,000 in September 2022, which was around 20% below the average September 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

11 JUBILEE CLOSE Sold Prices

Land registry data shows four sales for 11 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 11 JUBILEE 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
2022 7 SEP	£350,000	£438,574	20% below HPI
2022 4 FEB	£267,000	£417,804	36% below HPI
2013 20 DEC	£152,000	£272,539	44% below HPI
1997 27 FEB	£60,000	£83,445	28% below HPI

11 JUBILEE 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 four 11 JUBILEE CLOSE sales between February 1997 and September 2022 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 2022 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 11 JUBILEE CLOSE?

11 JUBILEE CLOSE is 55m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses by size in Laxfield, and where 11 JUBILEE CLOSE lies on this distribution: 6% of detached houses are smaller than 11 JUBILEE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

11 JUBILEE CLOSE: Plot and Title Map

11 JUBILEE CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 11 JUBILEE 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 JUBILEE 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 JUBILEE CLOSE?

11 JUBILEE CLOSE is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 11 on JUBILEE CLOSE.