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
8 PINE TREE CLOSE is a very large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £277,000 in June 2015, which was around 7% below the average June 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 PINE TREE CLOSE since 1st 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 8 PINE TREE 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 |
---|---|---|---|
2015 30 JUN | £277,000 | £296,524 | 7% below HPI |
2007 10 AUG | £230,000 | £261,746 | 12% below HPI |
1996 17 DEC | £75,000 | £77,874 | 4% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 8 PINE TREE CLOSE sales between December 1996 and June 2015 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 August 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
8 PINE TREE CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in Worlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Worlingham, and where 8 PINE TREE CLOSE lies on this distribution: 85% of detached houses are smaller than 8 PINE TREE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Worlingham.
8 PINE TREE CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 8 PINE TREE 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 8 PINE TREE 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.
8 PINE TREE CLOSE is located in WORLINGHAM, in the NR34 postcode district. The below map shows the position of No. 8 on PINE TREE CLOSE.