Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 PRIORY CLOSE is a very large extended detached house of 237m², built sometime between 1976 and 1982. It was last sold for £675,000 in May 2024, which was around 59% above the average May 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 3 PRIORY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 3 PRIORY 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 |
---|---|---|---|
2024 28 MAY | £675,000 | £425,799 | 59% above HPI |
2021 18 MAR | £620,000 | £388,004 | 60% above HPI |
2012 2 MAR | £281,000 | £254,450 | 10% above HPI |
2002 11 FEB | £210,000 | £158,656 | 32% above HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 3 PRIORY CLOSE sales between February 2002 and May 2024 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 March 2021 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the May 2024 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.
3 PRIORY CLOSE is 237m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where 3 PRIORY CLOSE lies on this distribution: 93% of detached houses are smaller than 3 PRIORY CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.
3 PRIORY CLOSE sits on a plot of roughly 0.298 of an acre, or 1,206m². The below map shows the location of 3 PRIORY 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 PRIORY 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.
3 PRIORY CLOSE is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 3 on PRIORY CLOSE.