9, MARTIN CLOSE, BRANDON, IP27 0YE - £214,000

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.

9 MARTIN CLOSE is a very small detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £248,138. It was last sold for £214,000 in May 2020, which was around 45% below the average May 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

9 MARTIN CLOSE Sold Prices

Land registry data shows three sales for 9 MARTIN 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 West Suffolk local authority area for the corresponding sale date. All of the three 9 MARTIN 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
2020 28 MAY	£214,000	£388,536	45% below HPI
2018 6 JUL	£190,000	£382,755	50% below HPI
2001 31 MAY	£71,000	£143,940	51% below HPI

9 MARTIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 9 MARTIN CLOSE sales between May 2001 and May 2020 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 2018 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2020 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 9 MARTIN CLOSE be worth now?

9 MARTIN CLOSE might now be worth an estimated £248,138.

This is based on house price inflation of 16%, between May 2020 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16% inflationary increase is applied to the most recent sale price for 9 MARTIN CLOSE of £214,000 on 28th May 2020. For the value to have increased from £214,000 to £248,138 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 9 MARTIN CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2020 sale price of £214,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MARTIN CLOSE has not materially changed since May 2020.

How Large is 9 MARTIN CLOSE?

9 MARTIN CLOSE is 55m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses houses in Brandon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brandon, and where 9 MARTIN CLOSE lies on this distribution: 2% of detached houses houses are smaller than 9 MARTIN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Brandon.

9 MARTIN CLOSE: Plot and Title Map

9 MARTIN CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 9 MARTIN 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 9 MARTIN 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 9 MARTIN CLOSE?

9 MARTIN CLOSE is located in BRANDON, in the IP27 postcode district. The below map shows the position of No. 9 on MARTIN CLOSE.