3, GRAYS CLOSE, HADLEIGH, IPSWICH, IP7 6AG - £500,000

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

3 GRAYS CLOSE is a very large detached house of 203m², built sometime between 1983 and 1990. It was last sold for £500,000 in June 2017, which was around 26% above the average June 2017 detached price in the Babergh local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

3 GRAYS CLOSE Sold Prices

Land registry data shows four sales for 3 GRAYS 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 Babergh local authority area for the corresponding sale date. All of the four 3 GRAYS 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
2017 9 JUN	£500,000	£397,700	26% above HPI
2007 4 OCT	£380,000	£300,368	27% above HPI
2002 25 JUL	£245,000	£189,134	30% above HPI
1998 20 AUG	£140,000	£104,021	35% above HPI

3 GRAYS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 3 GRAYS CLOSE sales between August 1998 and June 2017 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 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 GRAYS CLOSE?

3 GRAYS CLOSE is 203m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hadleigh, and where 3 GRAYS CLOSE lies on this distribution: 97% of detached houses are smaller than 3 GRAYS CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.

3 GRAYS CLOSE: Plot and Title Map

3 GRAYS CLOSE sits on a plot of roughly 0.261 of an acre, or 1,055m². The below map shows the location of 3 GRAYS 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 3 GRAYS 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 3 GRAYS CLOSE?

3 GRAYS CLOSE is located in HADLEIGH, in the IP7 postcode district. The below map shows the position of No. 3 on GRAYS CLOSE.