Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 MILTON CLOSE is a very small extended detached house of 93m², built sometime between 2003 and 2006. It was last sold for £238,000 in March 2021, which was around 36% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 5 MILTON CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 5 MILTON 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 30 MAR | £238,000 | £371,419 | 36% below HPI |
2020 23 NOV | £210,000 | £379,967 | 45% below HPI |
2018 5 DEC | £247,000 | £358,627 | 31% below HPI |
2002 11 OCT | £111,995 | £171,230 | 35% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 5 MILTON CLOSE sales between October 2002 and March 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 November 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
5 MILTON CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Saxmundham, based on EPC data. The below chart shows the distribution of detached houses by size in Saxmundham, and where 5 MILTON CLOSE lies on this distribution: 15% of detached houses are smaller than 5 MILTON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Saxmundham.
5 MILTON CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 5 MILTON 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 MILTON 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.
5 MILTON CLOSE is located in SAXMUNDHAM, in the IP17 postcode district. The below map shows the position of No. 5 on MILTON CLOSE.