2, VIKING CLOSE, GISLINGHAM, EYE, IP23 8JY - £482,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 VIKING CLOSE is a very large extended detached house of 197m², built sometime from 2007 onwards, which could now be worth an estimated £567,398. It was last sold for £482,500 in October 2019, which was around 24% above the average October 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

2 VIKING CLOSE Sold Prices

Land registry data shows two sales for 2 VIKING 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 VIKING 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
2019 18 OCT	£482,500	£387,623	24% above HPI
2008 11 JAN	£387,500	£285,877	36% above HPI

2 VIKING 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 VIKING CLOSE sales from January 2008 and October 2019 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 2008 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 VIKING CLOSE be worth now?

2 VIKING CLOSE might now be worth an estimated £567,398.

This is based on house price inflation of 17.6%, between October 2019 and February 2025, 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 17.6% inflationary increase is applied to the most recent sale price for 2 VIKING CLOSE of £482,500 on 18th October 2019. For the value to have increased from £482,500 to £567,398 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 VIKING CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2019 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 2 VIKING CLOSE has not materially changed since October 2019.

How Large is 2 VIKING CLOSE?

2 VIKING CLOSE is 197m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gislingham, and where 2 VIKING CLOSE lies on this distribution: 80% of detached houses houses are smaller than 2 VIKING CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

2 VIKING CLOSE: Plot and Title Map

2 VIKING CLOSE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 2 VIKING 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 VIKING 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 VIKING CLOSE?

2 VIKING CLOSE is located in GISLINGHAM, in the IP23 postcode district. The below map shows the position of No. 2 on VIKING CLOSE.