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
7 CHURCH CLOSE is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £455,000 in September 2021, which was around 17% above the average September 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 CHURCH CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the four 7 CHURCH 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 |
---|---|---|---|
2021 28 SEP | £455,000 | £389,810 | 17% above HPI |
2013 7 JUN | £244,000 | £251,024 | 3% below HPI |
2005 16 SEP | £240,000 | £237,666 | 1% above HPI |
1997 13 OCT | £96,000 | £90,248 | 6% above HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 7 CHURCH CLOSE sales between October 1997 and September 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 June 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
7 CHURCH CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses in Hoxne, based on EPC data. The below chart shows the distribution of detached houses by size in Hoxne, and where 7 CHURCH CLOSE lies on this distribution: 39% of detached houses are smaller than 7 CHURCH CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Hoxne.
7 CHURCH CLOSE sits on a plot of roughly 0.383 of an acre, or 1,551m². The below map shows the location of 7 CHURCH 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 CHURCH 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.
7 CHURCH CLOSE is located in HOXNE, in the IP21 postcode district. The below map shows the position of No. 7 on CHURCH CLOSE.