16, FARRIERS CLOSE, STRADBROKE, EYE, IP21 5JF - £550,000

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

16 FARRIERS CLOSE is a very large extended detached house of 219m², built sometime between 1996 and 2002. It was last sold for £550,000 in November 2020, which was around 38% above the average November 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

16 FARRIERS CLOSE Sold Prices

Land registry data shows three sales for 16 FARRIERS 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 Mid Suffolk local authority area for the corresponding sale date. All of the three 16 FARRIERS CLOSE sales were for above 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
2020 24 NOV	£550,000	£397,984	38% above HPI
2012 11 OCT	£415,000	£260,726	59% above HPI
2002 11 APR	£272,500	£169,260	61% above HPI

16 FARRIERS 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 three 16 FARRIERS CLOSE sales between April 2002 and November 2020 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 October 2012 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the November 2020 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 16 FARRIERS CLOSE be worth now?

16 FARRIERS CLOSE might now be worth an estimated £609,683.

This is based on house price inflation of 10.9%, between November 2020 and December 2024, 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 10.9% inflationary increase is applied to the most recent sale price for 16 FARRIERS CLOSE of £550,000 on 24th November 2020. For the value to have increased from £550,000 to £609,683 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 16 FARRIERS CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FARRIERS CLOSE has not materially changed since November 2020.

How Large is 16 FARRIERS CLOSE?

16 FARRIERS CLOSE is 219m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 10% of detached houses houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stradbroke, and where 16 FARRIERS CLOSE lies on this distribution: 92% of detached houses houses are smaller than 16 FARRIERS CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

16 FARRIERS CLOSE: Plot and Title Map

16 FARRIERS CLOSE sits on a plot of roughly 0.237 of an acre, or 961m². The below map shows the location of 16 FARRIERS 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 16 FARRIERS 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 16 FARRIERS CLOSE?

16 FARRIERS CLOSE is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 16 on FARRIERS CLOSE.