12, SHANNON CLOSE, HAVERHILL, CB9 0LT - £284,500

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.

12 SHANNON CLOSE is a very small extended detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £359,600. It was last sold for £284,500 in November 2016, which was around 20% below the average November 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

12 SHANNON CLOSE Sold Prices

Land registry data shows two sales for 12 SHANNON 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 West Suffolk local authority area for the corresponding sale date. Both of the two 12 SHANNON 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
2016 30 NOV	£284,500	£356,430	20% below HPI
2016 19 FEB	£201,000	£336,604	40% below HPI

12 SHANNON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 12 SHANNON CLOSE sales from February 2016 and November 2016 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 SHANNON CLOSE be worth now?

12 SHANNON CLOSE might now be worth an estimated £359,600.

This is based on house price inflation of 26.4%, between November 2016 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for 12 SHANNON CLOSE of £284,500 on 30th November 2016. For the value to have increased from £284,500 to £359,600 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 SHANNON CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The November 2016 sale price of £284,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SHANNON CLOSE has not materially changed since November 2016.

How Large is 12 SHANNON CLOSE?

12 SHANNON CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses houses in Haverhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haverhill, and where 12 SHANNON CLOSE lies on this distribution: 5% of detached houses houses are smaller than 12 SHANNON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Haverhill.

12 SHANNON CLOSE: Plot and Title Map

12 SHANNON CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 12 SHANNON 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 SHANNON 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 12 SHANNON CLOSE?

12 SHANNON CLOSE is located in HAVERHILL, in the CB9 postcode district. The below map shows the position of No. 12 on SHANNON CLOSE.