4, NORMAN CLOSE, WOODBRIDGE, IP12 1JT - £390,000

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.

4 NORMAN CLOSE is a large extended detached house of 174m², built sometime between 1976 and 1982, which could now be worth an estimated £728,031. It was last sold for £390,000 in July 2009, which was around 72% above the average July 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was C.

4 NORMAN CLOSE Sold Prices

Land registry data shows two sales for 4 NORMAN 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 East Suffolk local authority area for the corresponding sale date. Both of the two 4 NORMAN 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
2009 16 JUL	£390,000	£226,622	72% above HPI
2007 2 NOV	£435,000	£270,721	61% above HPI

4 NORMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 4 NORMAN CLOSE sales from November 2007 and July 2009 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 November 2007 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2009 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 4 NORMAN CLOSE be worth now?

4 NORMAN CLOSE might now be worth an estimated £728,031.

This is based on house price inflation of 86.7%, between July 2009 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.7% inflationary increase is applied to the most recent sale price for 4 NORMAN CLOSE of £390,000 on 16th July 2009. For the value to have increased from £390,000 to £728,031 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 4 NORMAN CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2009 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NORMAN CLOSE has not materially changed since July 2009.

How Large is 4 NORMAN CLOSE?

4 NORMAN CLOSE is 174m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the largest 30% of detached houses houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodbridge, and where 4 NORMAN CLOSE lies on this distribution: 77% of detached houses houses are smaller than 4 NORMAN CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

4 NORMAN CLOSE: Plot and Title Map

4 NORMAN CLOSE sits on a plot of roughly 0.213 of an acre, or 861m². The below map shows the location of 4 NORMAN 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 NORMAN 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 NORMAN CLOSE?

4 NORMAN CLOSE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 4 on NORMAN CLOSE.