15, JUBILEE CLOSE, LAXFIELD, WOODBRIDGE, IP13 8DQ - £170,000

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

15 JUBILEE CLOSE is a very small detached house of 45m², built sometime between 1983 and 1990. It was last sold for £170,000 in January 2015, which was around 41% below the average January 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

15 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 15 JUBILEE 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 15 JUBILEE 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
2015 12 JAN	£170,000	£290,288	41% below HPI
2000 1 SEP	£85,000	£133,312	36% below HPI

15 JUBILEE 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 15 JUBILEE CLOSE sales from September 2000 and January 2015 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 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 15 JUBILEE CLOSE?

15 JUBILEE CLOSE is 45m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses by size in Laxfield, and where 15 JUBILEE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 15 JUBILEE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

15 JUBILEE CLOSE: Plot and Title Map

15 JUBILEE CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 15 JUBILEE 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 15 JUBILEE 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 15 JUBILEE CLOSE?

15 JUBILEE CLOSE is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 15 on JUBILEE CLOSE.