16, BLACKSMITH CLOSE, WANGFORD, BECCLES, NR34 8RS - £60,000

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.

16 BLACKSMITH CLOSE is a small semi-detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £316,726. It was last sold for £60,000 in June 1997, which was around 20% above the average June 1997 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

16 BLACKSMITH CLOSE Sold Prices

Land registry data shows two sales for 16 BLACKSMITH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 16 BLACKSMITH 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
1997 16 JUN	£60,000	£49,962	20% above HPI
1995 17 FEB	£55,000	£48,315	14% above HPI

16 BLACKSMITH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 16 BLACKSMITH CLOSE sales from February 1995 and June 1997 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 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 1997 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 16 BLACKSMITH CLOSE be worth now?

16 BLACKSMITH CLOSE might now be worth an estimated £316,726.

This is based on house price inflation of 427.9%, between June 1997 and July 2026, for semi-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 427.9% inflationary increase is applied to the most recent sale price for 16 BLACKSMITH CLOSE of £60,000 on 16th June 1997. For the value to have increased from £60,000 to £316,726 over the 28 years and eleven months to July 2026, the following assumptions must hold true:

• The value of 16 BLACKSMITH CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The June 1997 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BLACKSMITH CLOSE has not materially changed since June 1997.

How Large is 16 BLACKSMITH CLOSE?

16 BLACKSMITH CLOSE is 81m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of semi-detached houses houses in Wangford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wangford, and where 16 BLACKSMITH CLOSE lies on this distribution: 23% of semi-detached houses houses are smaller than 16 BLACKSMITH CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Wangford.

16 BLACKSMITH CLOSE: Plot and Title Map

16 BLACKSMITH CLOSE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 16 BLACKSMITH 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 16 BLACKSMITH 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 16 BLACKSMITH CLOSE?

16 BLACKSMITH CLOSE is located in WANGFORD, in the NR34 postcode district. The below map shows the position of No. 16 on BLACKSMITH CLOSE.