14, ALEXANDER CLOSE, BECCLES, NR34 9EN - £240,000

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.

14 ALEXANDER CLOSE is a midsized detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £326,326. It was last sold for £240,000 in July 2016, which was around 23% below the average July 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

14 ALEXANDER CLOSE Sold Prices

Land registry data shows three sales for 14 ALEXANDER 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 14 ALEXANDER 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 22 JUL	£240,000	£311,134	23% below HPI
2007 16 NOV	£195,000	£270,721	28% below HPI
1998 16 OCT	£69,500	£90,742	23% below HPI

14 ALEXANDER 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 14 ALEXANDER CLOSE sales between October 1998 and July 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 November 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 14 ALEXANDER CLOSE be worth now?

14 ALEXANDER CLOSE might now be worth an estimated £326,326.

This is based on house price inflation of 36%, between July 2016 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 36% inflationary increase is applied to the most recent sale price for 14 ALEXANDER CLOSE of £240,000 on 22nd July 2016. For the value to have increased from £240,000 to £326,326 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 14 ALEXANDER CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2016 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ALEXANDER CLOSE has not materially changed since July 2016.

How Large is 14 ALEXANDER CLOSE?

14 ALEXANDER CLOSE is 88m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% 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 14 ALEXANDER CLOSE lies on this distribution: 44% of detached houses houses are smaller than 14 ALEXANDER CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Beccles.

14 ALEXANDER CLOSE: Plot and Title Map

14 ALEXANDER CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 14 ALEXANDER 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 14 ALEXANDER 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 14 ALEXANDER CLOSE?

14 ALEXANDER CLOSE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 14 on ALEXANDER CLOSE.