11, LIME TREE CLOSE, NEEDHAM MARKET, IPSWICH, IP6 8TE - £214,750

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 LIME TREE CLOSE is a small detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £351,406. It was last sold for £214,750 in November 2013, which was around 23% below the average November 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

11 LIME TREE CLOSE Sold Prices

Land registry data shows two sales for 11 LIME TREE 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two 11 LIME TREE 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
2013 1 NOV	£214,750	£278,563	23% below HPI
1998 15 OCT	£95,000	£104,004	9% below HPI

11 LIME TREE 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 two 11 LIME TREE CLOSE sales from October 1998 and November 2013 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 October 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 11 LIME TREE CLOSE be worth now?

11 LIME TREE CLOSE might now be worth an estimated £351,406.

This is based on house price inflation of 63.6%, between November 2013 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.6% inflationary increase is applied to the most recent sale price for 11 LIME TREE CLOSE of £214,750 on 1st November 2013. For the value to have increased from £214,750 to £351,406 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 LIME TREE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2013 sale price of £214,750 represented a fair market value for the property.
• The size, condition, and specification of 11 LIME TREE CLOSE has not materially changed since November 2013.

How Large is 11 LIME TREE CLOSE?

11 LIME TREE CLOSE is 85m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Needham Market, and where 11 LIME TREE CLOSE lies on this distribution: 23% of detached houses houses are smaller than 11 LIME TREE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

11 LIME TREE CLOSE: Plot and Title Map

11 LIME TREE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 11 LIME TREE 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 LIME TREE 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 LIME TREE CLOSE?

11 LIME TREE CLOSE is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 11 on LIME TREE CLOSE.