11, SURREY CLOSE, FRAMLINGHAM, WOODBRIDGE, IP13 9SJ - £119,000

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.

11 SURREY CLOSE is a very small terraced house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £225,590. It was last sold for £119,000 in June 2005, which was around 9% above the average June 2005 terraced price in the East Suffolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

11 SURREY CLOSE Sold Prices

Land registry data shows two sales for 11 SURREY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 11 SURREY 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
2005 17 JUN	£119,000	£108,997	9% above HPI
2001 9 FEB	£67,500	£53,220	27% above HPI

11 SURREY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The two 11 SURREY CLOSE sales from February 2001 and June 2005 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 February 2001 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2005 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 11 SURREY CLOSE be worth now?

11 SURREY CLOSE might now be worth an estimated £225,590.

This is based on house price inflation of 89.6%, between June 2005 and May 2026, for terraced 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 89.6% inflationary increase is applied to the most recent sale price for 11 SURREY CLOSE of £119,000 on 17th June 2005. For the value to have increased from £119,000 to £225,590 over the 21 years and one month to May 2026, the following assumptions must hold true:

• The value of 11 SURREY CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The June 2005 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SURREY CLOSE has not materially changed since June 2005.

How Large is 11 SURREY CLOSE?

11 SURREY CLOSE is 57m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of terraced houses houses in Framlingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Framlingham, and where 11 SURREY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 11 SURREY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Framlingham.

11 SURREY CLOSE: Plot and Title Map

11 SURREY CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 11 SURREY 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 11 SURREY 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 11 SURREY CLOSE?

11 SURREY CLOSE is located in FRAMLINGHAM, in the IP13 postcode district. The below map shows the position of No. 11 on SURREY CLOSE.