16, CRANE CLOSE, WOODBRIDGE, IP12 4TF - £663,000

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 CRANE CLOSE is a large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £633,680. It was last sold for £663,000 in September 2023, which was around 53% above the average September 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

16 CRANE CLOSE Sold Prices

Land registry data shows two sales for 16 CRANE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 16 CRANE 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
2023 15 SEP	£663,000	£432,441	53% above HPI
1999 2 JUL	£154,000	£96,542	60% above HPI

16 CRANE CLOSE 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 two 16 CRANE CLOSE sales from July 1999 and September 2023 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 1999 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the September 2023 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 16 CRANE CLOSE be worth now?

16 CRANE CLOSE might now be worth an estimated £633,680.

This is based on house price deflation of 4.4%, between September 2023 and April 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 4.4% deflationary decrease is applied to the most recent sale price for 16 CRANE CLOSE of £663,000 on 15th September 2023. For the value to have decreased from £663,000 to £633,680 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 16 CRANE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2023 sale price of £663,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CRANE CLOSE has not materially changed since September 2023.

How Large is 16 CRANE CLOSE?

16 CRANE CLOSE is 150m² according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodbridge, and where 16 CRANE CLOSE lies on this distribution: 64% of detached houses houses are smaller than 16 CRANE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

16 CRANE CLOSE: Plot and Title Map

16 CRANE CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 16 CRANE 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 CRANE 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 CRANE CLOSE?

16 CRANE CLOSE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 16 on CRANE CLOSE.