2, STUDIO CLOSE, WESTLETON, SAXMUNDHAM, IP17 3BJ - £390,000

2 STUDIO CLOSE is a large extended detached house of 178m², built sometime between 1991 and 1995. It was last sold for £390,000 in September 2012, which was around 55% above the average September 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was D.

2 STUDIO CLOSE Sold Prices

Land registry data shows four sales for 2 STUDIO 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 STUDIO CLOSE sales were for above the average price, and four 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
2012 13 SEP	£390,000	£251,289	55% above HPI
1999 20 AUG	£32,251	£99,731	68% below HPI
1998 15 MAY	£175,000	£85,580	104% above HPI
1995 30 NOV	£57,000	£71,590	20% below HPI

2 STUDIO 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 STUDIO CLOSE sales between November 1995 and September 2012 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 August 1999 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the September 2012 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 2 STUDIO CLOSE?

2 STUDIO CLOSE is 178m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses by size in Westleton, and where 2 STUDIO CLOSE lies on this distribution: 76% of detached houses are smaller than 2 STUDIO CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Westleton.

2 STUDIO CLOSE: Plot and Title Map

2 STUDIO CLOSE sits on a plot of roughly 0.433 of an acre, or 1,754m². The below map shows the location of 2 STUDIO 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 STUDIO 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 STUDIO CLOSE?

2 STUDIO CLOSE is located in WESTLETON, in the IP17 postcode district. The below map shows the position of No. 2 on STUDIO CLOSE.