7, WOOD CLOSE, RENDLESHAM, WOODBRIDGE, IP12 2UJ - £172,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 WOOD CLOSE is a small detached house of 124m², built sometime between 1976 and 1982. It was last sold for £172,000 in December 2009, which was around 28% below the average December 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

7 WOOD CLOSE Sold Prices

Land registry data shows three sales for 7 WOOD 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 WOOD 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
2009 21 DEC	£172,000	£239,716	28% below HPI
2006 17 JUL	£183,950	£231,620	21% below HPI
2002 1 MAR	£107,950	£144,123	25% below HPI

7 WOOD 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 WOOD CLOSE sales between March 2002 and December 2009 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 July 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2009 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 WOOD CLOSE?

7 WOOD CLOSE is 124m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Rendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Rendlesham, and where 7 WOOD CLOSE lies on this distribution: 33% of detached houses are smaller than 7 WOOD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

7 WOOD CLOSE: Plot and Title Map

7 WOOD CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 7 WOOD 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 WOOD 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 WOOD CLOSE?

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