3, SPRING CLOSE, GISLINGHAM, EYE, IP23 8GZ - £292,000

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 SPRING CLOSE is a large detached house of 170m², built sometime between 2003 and 2006. It was last sold for £292,000 in August 2011, which was around 15% above the average August 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

3 SPRING CLOSE Sold Prices

Land registry data shows two sales for 3 SPRING 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 3 SPRING 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
2011 23 AUG	£292,000	£254,008	15% above HPI
2006 15 DEC	£280,000	£258,039	9% above HPI

3 SPRING 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 3 SPRING CLOSE sales from December 2006 and August 2011 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 December 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 SPRING CLOSE?

3 SPRING CLOSE is 170m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gislingham, and where 3 SPRING CLOSE lies on this distribution: 68% of detached houses are smaller than 3 SPRING CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

3 SPRING CLOSE: Plot and Title Map

3 SPRING CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 3 SPRING 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 SPRING 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 SPRING CLOSE?

3 SPRING CLOSE is located in GISLINGHAM, in the IP23 postcode district. The below map shows the position of No. 3 on SPRING CLOSE.