11, WILL REDE CLOSE, BECCLES, NR34 9HW - £198,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 WILL REDE CLOSE is a small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £352,543. It was last sold for £198,000 in October 2006, which was around 17% below the average October 2006 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

11 WILL REDE CLOSE Sold Prices

Land registry data shows three sales for 11 WILL REDE 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 WILL REDE 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
2006 11 OCT	£198,000	£237,597	17% below HPI
2003 8 OCT	£165,000	£197,081	16% below HPI
1999 26 NOV	£80,350	£100,135	20% below HPI

11 WILL REDE 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 WILL REDE CLOSE sales between November 1999 and October 2006 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 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2006 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 11 WILL REDE CLOSE be worth now?

11 WILL REDE CLOSE might now be worth an estimated £352,543.

This is based on house price inflation of 78.1%, between October 2006 and February 2025, 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 78.1% inflationary increase is applied to the most recent sale price for 11 WILL REDE CLOSE of £198,000 on 11th October 2006. For the value to have increased from £198,000 to £352,543 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 WILL REDE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2006 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WILL REDE CLOSE has not materially changed since October 2006.

How Large is 11 WILL REDE CLOSE?

11 WILL REDE CLOSE is 75m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beccles, and where 11 WILL REDE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 11 WILL REDE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Beccles.

11 WILL REDE CLOSE: Plot and Title Map

11 WILL REDE CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 11 WILL REDE 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 WILL REDE 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 WILL REDE CLOSE?

11 WILL REDE CLOSE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 11 on WILL REDE CLOSE.