3, WHEELWRIGHTS CLOSE, STUTTON, IPSWICH, IP9 2SF - £455,000

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.

3 WHEELWRIGHTS CLOSE is a very large extended detached house of 192m², built sometime from 2007 onwards, which could now be worth an estimated £648,168. It was last sold for £455,000 in May 2015, which was around 32% above the average May 2015 detached price in the Babergh local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was C.

3 WHEELWRIGHTS CLOSE Sold Prices

Land registry data shows two sales for 3 WHEELWRIGHTS 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 Babergh local authority area for the corresponding sale date. Both of the two 3 WHEELWRIGHTS 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
2015 22 MAY	£455,000	£343,629	32% above HPI
2009 4 DEC	£410,000	£272,475	50% above HPI

3 WHEELWRIGHTS 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 two 3 WHEELWRIGHTS CLOSE sales from December 2009 and May 2015 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 2009 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 3 WHEELWRIGHTS CLOSE be worth now?

3 WHEELWRIGHTS CLOSE might now be worth an estimated £648,168.

This is based on house price inflation of 42.5%, between May 2015 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.5% inflationary increase is applied to the most recent sale price for 3 WHEELWRIGHTS CLOSE of £455,000 on 22nd May 2015. For the value to have increased from £455,000 to £648,168 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 3 WHEELWRIGHTS CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The May 2015 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHEELWRIGHTS CLOSE has not materially changed since May 2015.

How Large is 3 WHEELWRIGHTS CLOSE?

3 WHEELWRIGHTS CLOSE is 192m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses houses in Stutton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stutton, and where 3 WHEELWRIGHTS CLOSE lies on this distribution: 90% of detached houses houses are smaller than 3 WHEELWRIGHTS CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stutton.

3 WHEELWRIGHTS CLOSE: Plot and Title Map

3 WHEELWRIGHTS CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 3 WHEELWRIGHTS 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 WHEELWRIGHTS 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 WHEELWRIGHTS CLOSE?

3 WHEELWRIGHTS CLOSE is located in STUTTON, in the IP9 postcode district. The below map shows the position of No. 3 on WHEELWRIGHTS CLOSE.