2, PRIORY CLOSE, STRADBROKE, EYE, IP21 5HD - £335,000

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

2 PRIORY CLOSE is a small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £335,000 in June 2016, which was around 2% below the average June 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

2 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 2 PRIORY 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. Two of the three 2 PRIORY CLOSE sales were for below the average price, whilst one was 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
2016 22 JUN	£335,000	£342,951	2% below HPI
2013 18 JAN	£245,000	£263,843	7% below HPI
1998 10 AUG	£110,000	£102,347	7% above HPI

2 PRIORY 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 2 PRIORY CLOSE sales between August 1998 and June 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 January 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 PRIORY CLOSE be worth now?

2 PRIORY CLOSE might now be worth an estimated £430,943.

This is based on house price inflation of 28.6%, between June 2016 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 28.6% inflationary increase is applied to the most recent sale price for 2 PRIORY CLOSE of £335,000 on 22nd June 2016. For the value to have increased from £335,000 to £430,943 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 2 PRIORY CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2016 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY CLOSE has not materially changed since June 2016.

How Large is 2 PRIORY CLOSE?

2 PRIORY CLOSE is 106m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% 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 2 PRIORY CLOSE lies on this distribution: 39% of detached houses houses are smaller than 2 PRIORY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

2 PRIORY CLOSE: Plot and Title Map

2 PRIORY CLOSE sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of 2 PRIORY 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 PRIORY 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 PRIORY CLOSE?

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