5, FARMLAND CLOSE, REYDON, SOUTHWOLD, IP18 6YF - £238,000

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 FARMLAND CLOSE is a very small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £272,373. It was last sold for £238,000 in April 2021, which was around 2% below the average April 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

5 FARMLAND CLOSE Sold Prices

Land registry data shows three sales for 5 FARMLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 5 FARMLAND 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
2021 1 APR	£238,000	£243,834	2% below HPI
2018 24 JUL	£222,500	£223,875	1% below HPI
2015 7 DEC	£180,000	£191,714	6% below HPI

5 FARMLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 5 FARMLAND CLOSE sales between December 2015 and April 2021 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 July 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 5 FARMLAND CLOSE be worth now?

5 FARMLAND CLOSE might now be worth an estimated £272,373.

This is based on house price inflation of 14.4%, between April 2021 and February 2025, for semi-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 14.4% inflationary increase is applied to the most recent sale price for 5 FARMLAND CLOSE of £238,000 on 1st April 2021. For the value to have increased from £238,000 to £272,373 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 5 FARMLAND CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The April 2021 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FARMLAND CLOSE has not materially changed since April 2021.

How Large is 5 FARMLAND CLOSE?

5 FARMLAND CLOSE is 65m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of semi-detached houses houses in Reydon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reydon, and where 5 FARMLAND CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 5 FARMLAND CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Reydon.

5 FARMLAND CLOSE: Plot and Title Map

5 FARMLAND CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 5 FARMLAND 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 FARMLAND 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 FARMLAND CLOSE?

5 FARMLAND CLOSE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 5 on FARMLAND CLOSE.