7, NORMAN CLOSE, WOODBRIDGE, IP12 1JT - £760,000

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 NORMAN CLOSE is a very large extended detached house of 185m², built sometime between 1983 and 1990. It was last sold for £760,000 in May 2022, which was around 80% above the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

7 NORMAN CLOSE Sold Prices

Land registry data shows four sales for 7 NORMAN CLOSE 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 7 NORMAN 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
2022 25 MAY	£760,000	£423,073	80% above HPI
2005 16 DEC	£345,000	£221,366	56% above HPI
2004 5 NOV	£290,000	£220,375	32% above HPI
1996 18 DEC	£123,000	£77,874	58% above HPI

7 NORMAN 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 four 7 NORMAN CLOSE sales between December 1996 and May 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 December 2005 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2022 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 7 NORMAN CLOSE?

7 NORMAN CLOSE is 185m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 7 NORMAN CLOSE lies on this distribution: 81% of detached houses are smaller than 7 NORMAN CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

7 NORMAN CLOSE: Plot and Title Map

7 NORMAN CLOSE sits on a plot of roughly 0.155 of an acre, or 625m². The below map shows the location of 7 NORMAN 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 NORMAN 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 NORMAN CLOSE?

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