42, PINE CLOSE, RENDLESHAM, WOODBRIDGE, IP12 2GD - £284,000

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

42 PINE CLOSE is a small detached house of 119m², built sometime between 2003 and 2006. It was last sold for £284,000 in August 2016, which was around 11% below the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

42 PINE CLOSE Sold Prices

Land registry data shows three sales for 42 PINE 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 East Suffolk local authority area for the corresponding sale date. All of the three 42 PINE CLOSE sales were for below 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
2016 8 AUG	£284,000	£320,108	11% below HPI
2008 28 NOV	£195,000	£242,771	20% below HPI
2004 29 OCT	£160,000	£221,394	28% below HPI

42 PINE 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 three 42 PINE CLOSE sales between October 2004 and August 2016 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 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 42 PINE CLOSE?

42 PINE CLOSE is 119m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Rendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Rendlesham, and where 42 PINE CLOSE lies on this distribution: 23% of detached houses are smaller than 42 PINE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

42 PINE CLOSE: Plot and Title Map

42 PINE CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 42 PINE 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 42 PINE 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 42 PINE CLOSE?

42 PINE CLOSE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 42 on PINE CLOSE.