16, SURREY CLOSE, FRAMLINGHAM, WOODBRIDGE, IP13 9SJ - £263,500

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.

16 SURREY CLOSE is a very small extended semi-detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £307,600. It was last sold for £263,500 in October 2020, which was around 10% above the average October 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

16 SURREY CLOSE Sold Prices

Land registry data shows three sales for 16 SURREY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 16 SURREY 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 2 OCT	£263,500	£239,043	10% above HPI
2013 6 NOV	£181,000	£166,077	9% above HPI
1998 26 JUN	£76,000	£53,799	41% above HPI

16 SURREY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 16 SURREY CLOSE sales between June 1998 and October 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 November 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 16 SURREY CLOSE be worth now?

16 SURREY CLOSE might now be worth an estimated £307,600.

This is based on house price inflation of 16.7%, between October 2020 and February 2025, for semi-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 16.7% inflationary increase is applied to the most recent sale price for 16 SURREY CLOSE of £263,500 on 2nd October 2020. For the value to have increased from £263,500 to £307,600 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 SURREY CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2020 sale price of £263,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SURREY CLOSE has not materially changed since October 2020.

How Large is 16 SURREY CLOSE?

16 SURREY CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of semi-detached houses houses in Framlingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Framlingham, and where 16 SURREY CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 16 SURREY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Framlingham.

16 SURREY CLOSE: Plot and Title Map

16 SURREY CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 16 SURREY 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 SURREY 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 SURREY CLOSE?

16 SURREY CLOSE is located in FRAMLINGHAM, in the IP13 postcode district. The below map shows the position of No. 16 on SURREY CLOSE.