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
12 CHESTNUT CLOSE is a very large extended detached house of 146m², built sometime between 1976 and 1982. It was last sold for £425,000 in March 2022, which was around 10% below the average March 2022 detached price in the Babergh local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 12 CHESTNUT CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 12 CHESTNUT 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 MAR | £425,000 | £473,185 | 10% below HPI |
1996 9 SEP | £79,000 | £89,118 | 11% below HPI |
The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 12 CHESTNUT CLOSE sales from September 1996 and March 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 September 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
12 CHESTNUT CLOSE is 146m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Great Waldingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Great Waldingfield, and where 12 CHESTNUT CLOSE lies on this distribution: 83% of detached houses are smaller than 12 CHESTNUT CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Great Waldingfield.
12 CHESTNUT CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 12 CHESTNUT 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 12 CHESTNUT 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.
12 CHESTNUT CLOSE is located in GREAT WALDINGFIELD, in the CO10 postcode district. The below map shows the position of No. 12 on CHESTNUT CLOSE.