2, SOUTH CLOSE, BECCLES, NR34 9PB - £255,000

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 SOUTH CLOSE is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £255,000 in September 2014, which was around 10% below the average September 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

2 SOUTH CLOSE Sold Prices

Land registry data shows three sales for 2 SOUTH 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 East Suffolk local authority area for the corresponding sale date. All of the three 2 SOUTH CLOSE sales were for below 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
2014 2 SEP	£255,000	£282,904	10% below HPI
2008 24 OCT	£240,000	£245,381	2% below HPI
2007 5 NOV	£170,000	£270,679	37% below HPI

2 SOUTH 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 three 2 SOUTH CLOSE sales between November 2007 and September 2014 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 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 SOUTH CLOSE?

2 SOUTH CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where 2 SOUTH CLOSE lies on this distribution: 58% of detached houses are smaller than 2 SOUTH CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Beccles.

2 SOUTH CLOSE: Plot and Title Map

2 SOUTH CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 2 SOUTH 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 SOUTH 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 SOUTH CLOSE?

2 SOUTH CLOSE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 2 on SOUTH CLOSE.