2, WAVENEY CLOSE, SAXMUNDHAM, IP17 1YB - £210,000

2 WAVENEY CLOSE is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £210,000 in November 2016, which was around 35% below the average November 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

2 WAVENEY CLOSE Sold Prices

Land registry data shows two sales for 2 WAVENEY 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 2 WAVENEY CLOSE sales were for below 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
2016 4 NOV	£210,000	£323,628	35% below HPI
1995 8 SEP	£65,500	£73,256	11% below HPI

2 WAVENEY 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 2 WAVENEY CLOSE sales from September 1995 and November 2016 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 September 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 WAVENEY CLOSE?

2 WAVENEY CLOSE is 89m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Saxmundham, based on EPC data. The below chart shows the distribution of detached houses by size in Saxmundham, and where 2 WAVENEY CLOSE lies on this distribution: 14% of detached houses are smaller than 2 WAVENEY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Saxmundham.

2 WAVENEY CLOSE: Plot and Title Map

2 WAVENEY CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 WAVENEY 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 2 WAVENEY 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 2 WAVENEY CLOSE?

2 WAVENEY CLOSE is located in SAXMUNDHAM, in the IP17 postcode district. The below map shows the position of No. 2 on WAVENEY CLOSE.