6, WELL CLOSE SQUARE, FRAMLINGHAM, WOODBRIDGE, IP13 9DU - £357,500

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.

6 WELL CLOSE SQUARE is a large extended detached house of 131m², built sometime before 1900, which could now be worth an estimated £354,545. It was last sold for £357,500 in June 2022, which was around 16% below the average June 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

6 WELL CLOSE SQUARE Sold Prices

Land registry data shows four sales for 6 WELL CLOSE SQUARE since 1^st 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 6 WELL CLOSE SQUARE 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
2022 1 JUN	£357,500	£426,572	16% below HPI
2016 31 OCT	£254,000	£324,537	22% below HPI
2009 11 DEC	£208,000	£239,754	13% below HPI
1998 19 JAN	£83,500	£84,226	1% below HPI

6 WELL CLOSE SQUARE 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 four 6 WELL CLOSE SQUARE sales between January 1998 and June 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 October 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 WELL CLOSE SQUARE be worth now?

6 WELL CLOSE SQUARE might now be worth an estimated £354,545.

This is based on house price deflation of 0.8%, between June 2022 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 0.8% deflationary decrease is applied to the most recent sale price for 6 WELL CLOSE SQUARE of £357,500 on 1st June 2022. For the value to have decreased from £357,500 to £354,545 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 6 WELL CLOSE SQUARE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2022 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 6 WELL CLOSE SQUARE has not materially changed since June 2022.

How Large is 6 WELL CLOSE SQUARE?

6 WELL CLOSE SQUARE is 131m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses houses in Framlingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Framlingham, and where 6 WELL CLOSE SQUARE lies on this distribution: 71% of detached houses houses are smaller than 6 WELL CLOSE SQUARE, and 28% of houses are larger. Note that EPC data is not available for all properties in Framlingham.

6 WELL CLOSE SQUARE: Plot and Title Map

6 WELL CLOSE SQUARE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 6 WELL CLOSE SQUARE, 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 6 WELL CLOSE SQUARE). 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 6 WELL CLOSE SQUARE?

6 WELL CLOSE SQUARE is located in FRAMLINGHAM, in the IP13 postcode district. The below map shows the position of No. 6 on WELL CLOSE SQUARE.