7, ABBEY CLOSE, RENDLESHAM, WOODBRIDGE, IP12 2UD - £288,500

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.

7 ABBEY CLOSE is a large detached house of 149m², built sometime between 1950 and 1966, which could now be worth an estimated £320,689. It was last sold for £288,500 in June 2021, which was around 24% below the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was F.

7 ABBEY CLOSE Sold Prices

Land registry data shows three sales for 7 ABBEY 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 7 ABBEY 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 4 JUN	£288,500	£380,583	24% below HPI
2010 6 DEC	£187,500	£249,396	25% below HPI
2002 17 SEP	£119,950	£167,067	28% below HPI

7 ABBEY 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 7 ABBEY CLOSE sales between September 2002 and June 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 December 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 ABBEY CLOSE be worth now?

7 ABBEY CLOSE might now be worth an estimated £320,689.

This is based on house price inflation of 11.2%, between June 2021 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 11.2% inflationary increase is applied to the most recent sale price for 7 ABBEY CLOSE of £288,500 on 4th June 2021. For the value to have increased from £288,500 to £320,689 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 7 ABBEY CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2021 sale price of £288,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ABBEY CLOSE has not materially changed since June 2021.

How Large is 7 ABBEY CLOSE?

7 ABBEY CLOSE is 149m² according to the EPC inspection conducted in July 2010. This puts it in the largest 40% of detached houses houses in Rendlesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rendlesham, and where 7 ABBEY CLOSE lies on this distribution: 64% of detached houses houses are smaller than 7 ABBEY CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

7 ABBEY CLOSE: Plot and Title Map

7 ABBEY CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 7 ABBEY 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 7 ABBEY 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 7 ABBEY CLOSE?

7 ABBEY CLOSE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 7 on ABBEY CLOSE.