5, EDMONTON CLOSE, KESGRAVE, IPSWICH, IP5 1HD - £315,000

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.

5 EDMONTON CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £380,538. It was last sold for £315,000 in August 2019, which was around 10% below the average August 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

5 EDMONTON CLOSE Sold Prices

Land registry data shows two sales for 5 EDMONTON 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 5 EDMONTON 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
2019 12 AUG	£315,000	£350,187	10% below HPI
2015 2 JUN	£235,000	£296,570	21% below HPI

5 EDMONTON 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 5 EDMONTON CLOSE sales from June 2015 and August 2019 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 June 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 EDMONTON CLOSE be worth now?

5 EDMONTON CLOSE might now be worth an estimated £380,538.

This is based on house price inflation of 20.8%, between August 2019 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 20.8% inflationary increase is applied to the most recent sale price for 5 EDMONTON CLOSE of £315,000 on 12th August 2019. For the value to have increased from £315,000 to £380,538 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 5 EDMONTON CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 EDMONTON CLOSE has not materially changed since August 2019.

How Large is 5 EDMONTON CLOSE?

5 EDMONTON CLOSE is 78m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 5 EDMONTON CLOSE lies on this distribution: 15% of detached houses houses are smaller than 5 EDMONTON CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

5 EDMONTON CLOSE: Plot and Title Map

5 EDMONTON CLOSE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 5 EDMONTON 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 5 EDMONTON 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 5 EDMONTON CLOSE?

5 EDMONTON CLOSE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 5 on EDMONTON CLOSE.