1, CLARKE DRIVE, FRAMLINGHAM, WOODBRIDGE, IP13 9FG - £375,000

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.

1 CLARKE DRIVE is a small detached house of 97m², built in 2015, which could now be worth an estimated £409,974. It was last sold for £375,000 in October 2020, which was about the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

1 CLARKE DRIVE Sold Prices

Land registry data shows three sales for 1 CLARKE DRIVE 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. The three 1 CLARKE DRIVE sales were a mix of roughly equal to the average price, and 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
2020 19 OCT	£375,000	£373,189	Close to HPI
2020 31 JUL	£380,000	£357,467	6% above HPI
2017 21 APR	£389,995	£334,775	16% above HPI

1 CLARKE DRIVE 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 1 CLARKE DRIVE sales between April 2017 and October 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 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 CLARKE DRIVE be worth now?

1 CLARKE DRIVE might now be worth an estimated £409,974.

This is based on house price inflation of 9.3%, between October 2020 and May 2026, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% inflationary increase is applied to the most recent sale price for 1 CLARKE DRIVE of £375,000 on 19th October 2020. For the value to have increased from £375,000 to £409,974 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 1 CLARKE DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CLARKE DRIVE has not materially changed since October 2020.

How Large is 1 CLARKE DRIVE?

1 CLARKE DRIVE is 97m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses houses in Framlingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Framlingham, and where 1 CLARKE DRIVE lies on this distribution: 30% of detached houses houses are smaller than 1 CLARKE DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Framlingham.

1 CLARKE DRIVE: Plot and Title Map

1 CLARKE DRIVE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 1 CLARKE DRIVE, 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 1 CLARKE DRIVE). 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 1 CLARKE DRIVE?

1 CLARKE DRIVE is located in FRAMLINGHAM, in the IP13 postcode district. The below map shows the position of No. 1 on CLARKE DRIVE.