2, KNEVETTS CLOSE, STRADBROKE, EYE, IP21 5LN - £525,000

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

2 KNEVETTS CLOSE is a large detached house of 163m², built sometime between 2003 and 2006. It was last sold for £525,000 in October 2020, which was around 37% above the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

2 KNEVETTS CLOSE Sold Prices

Land registry data shows two sales for 2 KNEVETTS 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 2 KNEVETTS 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 22 OCT	£525,000	£381,936	37% above HPI
2007 28 JUN	£389,000	£260,127	50% above HPI

2 KNEVETTS 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 2 KNEVETTS CLOSE sales from June 2007 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 June 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 2 KNEVETTS CLOSE?

2 KNEVETTS CLOSE is 163m² according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where 2 KNEVETTS CLOSE lies on this distribution: 76% of detached houses are smaller than 2 KNEVETTS CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

2 KNEVETTS CLOSE: Plot and Title Map

2 KNEVETTS CLOSE sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of 2 KNEVETTS 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 2 KNEVETTS 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 2 KNEVETTS CLOSE?

2 KNEVETTS CLOSE is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 2 on KNEVETTS CLOSE.