18, PINE CLOSE, RENDLESHAM, WOODBRIDGE, IP12 2GD - £266,500

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.

18 PINE CLOSE is a very small extended terraced house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £258,808. It was last sold for £266,500 in September 2023, which was around 23% above the average September 2023 terraced price in the East Suffolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

18 PINE CLOSE Sold Prices

Land registry data shows three sales for 18 PINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the three 18 PINE 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 22 SEP	£266,500	£216,041	23% above HPI
2016 22 APR	£210,000	£147,934	42% above HPI
2004 4 JUN	£135,000	£104,107	30% above HPI

18 PINE 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 three 18 PINE CLOSE sales between June 2004 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 April 2016 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the September 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 18 PINE CLOSE be worth now?

18 PINE CLOSE might now be worth an estimated £258,808.

This is based on house price deflation of 2.9%, between September 2023 and April 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 2.9% deflationary decrease is applied to the most recent sale price for 18 PINE CLOSE of £266,500 on 22nd September 2023. For the value to have decreased from £266,500 to £258,808 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 18 PINE CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The September 2023 sale price of £266,500 represented a fair market value for the property.
• The size, condition, and specification of 18 PINE CLOSE has not materially changed since September 2023.

How Large is 18 PINE CLOSE?

18 PINE CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of terraced houses houses in Rendlesham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rendlesham, and where 18 PINE CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 18 PINE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

18 PINE CLOSE: Plot and Title Map

18 PINE CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 18 PINE 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 18 PINE 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 18 PINE CLOSE?

18 PINE CLOSE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 18 on PINE CLOSE.