2, WILL REDE CLOSE, BECCLES, NR34 9HW - £490,000

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 WILL REDE CLOSE is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £479,355. It was last sold for £490,000 in September 2023, which was around 13% above the average September 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 WILL REDE CLOSE Sold Prices

Land registry data shows three sales for 2 WILL REDE 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 WILL REDE 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
2023 4 SEP	£490,000	£432,441	13% above HPI
2019 18 FEB	£385,000	£351,904	9% above HPI
1999 31 AUG	£123,000	£99,747	23% above HPI

2 WILL REDE 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 WILL REDE CLOSE sales between August 1999 and September 2023 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 February 2019 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 WILL REDE CLOSE be worth now?

2 WILL REDE CLOSE might now be worth an estimated £479,355.

This is based on house price deflation of 2.2%, between September 2023 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% deflationary decrease is applied to the most recent sale price for 2 WILL REDE CLOSE of £490,000 on 4th September 2023. For the value to have decreased from £490,000 to £479,355 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 WILL REDE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2023 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WILL REDE CLOSE has not materially changed since September 2023.

How Large is 2 WILL REDE CLOSE?

2 WILL REDE CLOSE is 125m² according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beccles, and where 2 WILL REDE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 2 WILL REDE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Beccles.

2 WILL REDE CLOSE: Plot and Title Map

2 WILL REDE CLOSE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 2 WILL REDE 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 WILL REDE 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 WILL REDE CLOSE?

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