4, CHESTNUT TREE CLOSE, REDGRAVE, DISS, IP22 1RQ - £480,000

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

4 CHESTNUT TREE CLOSE is a small detached house of 139m², built sometime between 1983 and 1990. It was last sold for £480,000 in August 2023, which was around 12% above the average August 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

4 CHESTNUT TREE CLOSE Sold Prices

Land registry data shows three sales for 4 CHESTNUT TREE 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 Mid Suffolk local authority area for the corresponding sale date. All of the three 4 CHESTNUT TREE 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 17 AUG	£480,000	£429,182	12% above HPI
2013 30 SEP	£270,000	£263,851	2% above HPI
2002 18 JUN	£194,000	£172,655	12% above HPI

4 CHESTNUT TREE 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 three 4 CHESTNUT TREE CLOSE sales between June 2002 and August 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 September 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 4 CHESTNUT TREE CLOSE?

4 CHESTNUT TREE CLOSE is 139m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 40% of detached houses in Redgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Redgrave, and where 4 CHESTNUT TREE CLOSE lies on this distribution: 35% of detached houses are smaller than 4 CHESTNUT TREE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Redgrave.

4 CHESTNUT TREE CLOSE: Plot and Title Map

4 CHESTNUT TREE CLOSE sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 4 CHESTNUT TREE 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 4 CHESTNUT TREE 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 4 CHESTNUT TREE CLOSE?

4 CHESTNUT TREE CLOSE is located in REDGRAVE, in the IP22 postcode district. The below map shows the position of No. 4 on CHESTNUT TREE CLOSE.