5, GARRETT CLOSE, SNAPE, SAXMUNDHAM, IP17 1RN - £615,000

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

5 GARRETT CLOSE is a small detached house of 110m², built sometime between 1996 and 2002. It was last sold for £615,000 in November 2022, which was around 39% above the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

5 GARRETT CLOSE Sold Prices

Land registry data shows three sales for 5 GARRETT 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 5 GARRETT 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
2022 30 NOV	£615,000	£442,367	39% above HPI
2013 19 DEC	£390,000	£264,743	47% above HPI
2001 16 FEB	£250,000	£124,605	101% above HPI

5 GARRETT 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 5 GARRETT CLOSE sales between February 2001 and November 2022 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 December 2013 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2022 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 5 GARRETT CLOSE?

5 GARRETT CLOSE is 110m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses in Snape, based on EPC data. The below chart shows the distribution of detached houses by size in Snape, and where 5 GARRETT CLOSE lies on this distribution: 27% of detached houses are smaller than 5 GARRETT CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Snape.

5 GARRETT CLOSE: Plot and Title Map

5 GARRETT CLOSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 5 GARRETT 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 GARRETT 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 GARRETT CLOSE?

5 GARRETT CLOSE is located in SNAPE, in the IP17 postcode district. The below map shows the position of No. 5 on GARRETT CLOSE.