12A, CLOVER CLOSE, NEEDHAM MARKET, IPSWICH, IP6 8JL - £320,000

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

12A CLOVER CLOSE is a small detached house of 97m², which could now be worth an estimated £318,911. It was last sold for £320,000 in December 2022, which was around 30% below the average December 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

12A CLOVER CLOSE Sold Prices

Land registry data shows two sales for 12A CLOVER 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 12A CLOVER 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 21 DEC	£320,000	£457,383	30% below HPI
2018 27 JUL	£280,000	£383,924	27% below HPI

12A CLOVER 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 12A CLOVER CLOSE sales from July 2018 and December 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 July 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 12A CLOVER CLOSE be worth now?

12A CLOVER CLOSE might now be worth an estimated £318,911.

This is based on house price deflation of 0.3%, between December 2022 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 0.3% deflationary decrease is applied to the most recent sale price for 12A CLOVER CLOSE of £320,000 on 21st December 2022. For the value to have decreased from £320,000 to £318,911 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 12A CLOVER CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 12A CLOVER CLOSE has not materially changed since December 2022.

How Large is 12A CLOVER CLOSE?

12A CLOVER CLOSE is 97m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% 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 12A CLOVER CLOSE lies on this distribution: 35% of detached houses houses are smaller than 12A CLOVER CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

12A CLOVER CLOSE: Plot and Title Map

12A CLOVER CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 12A CLOVER 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 12A CLOVER 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 12A CLOVER CLOSE?

12A CLOVER CLOSE is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 12A on CLOVER CLOSE.