5, STUDIO CLOSE, WESTLETON, SAXMUNDHAM, IP17 3BJ - £401,050

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 STUDIO CLOSE is a very large extended detached house of 208m², built sometime between 1991 and 1995. It was last sold for £401,050 in April 2010, which was around 61% above the average April 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

5 STUDIO CLOSE Sold Prices

Land registry data shows two sales for 5 STUDIO 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 STUDIO 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
2010 30 APR	£401,050	£248,844	61% above HPI
1996 18 DEC	£140,000	£77,874	80% above HPI

5 STUDIO 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 STUDIO CLOSE sales from December 1996 and April 2010 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 1996 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the April 2010 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 5 STUDIO CLOSE?

5 STUDIO CLOSE is 208m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses by size in Westleton, and where 5 STUDIO CLOSE lies on this distribution: 84% of detached houses are smaller than 5 STUDIO CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Westleton.

5 STUDIO CLOSE: Plot and Title Map

5 STUDIO CLOSE sits on a plot of roughly 0.542 of an acre, or 2,193m². The below map shows the location of 5 STUDIO 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 STUDIO 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 STUDIO CLOSE?

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