2, RANDALL CLOSE, KESGRAVE, IPSWICH, IP5 2YZ - £215,000

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 RANDALL CLOSE is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £215,000 in July 2011, which was around 14% below the average July 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 RANDALL CLOSE Sold Prices

Land registry data shows four sales for 2 RANDALL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the four 2 RANDALL 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
2011 1 JUL	£215,000	£251,240	14% below HPI
2004 18 MAR	£199,500	£204,684	3% below HPI
2001 1 FEB	£125,000	£124,605	Close to HPI
1996 2 AUG	£75,000	£73,808	2% above HPI

2 RANDALL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 2 RANDALL CLOSE sales between August 1996 and July 2011 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 March 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 RANDALL CLOSE?

2 RANDALL CLOSE is 99m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 2 RANDALL CLOSE lies on this distribution: 34% of detached houses are smaller than 2 RANDALL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 RANDALL CLOSE: Plot and Title Map

2 RANDALL CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 RANDALL 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 RANDALL 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 RANDALL CLOSE?

2 RANDALL CLOSE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 2 on RANDALL CLOSE.