21, HALL FARM CLOSE, MELTON, WOODBRIDGE, IP12 1RL - £262,500

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.

21 HALL FARM CLOSE is a very small extended semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £284,488. It was last sold for £262,500 in November 2021, which was around 2% above the average November 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

21 HALL FARM CLOSE Sold Prices

Land registry data shows five sales for 21 HALL FARM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Most of the five 21 HALL FARM 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
2021 19 NOV	£262,500	£257,482	2% above HPI
2009 27 NOV	£152,000	£154,727	2% below HPI
2003 29 MAY	£129,000	£114,656	13% above HPI
2000 16 JUN	£83,950	£67,895	24% above HPI
1998 26 JAN	£61,500	£51,879	19% above HPI

21 HALL FARM 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 five 21 HALL FARM CLOSE sales between January 1998 and November 2021 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 November 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 21 HALL FARM CLOSE be worth now?

21 HALL FARM CLOSE might now be worth an estimated £284,488.

This is based on house price inflation of 8.4%, between November 2021 and February 2025, 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 8.4% inflationary increase is applied to the most recent sale price for 21 HALL FARM CLOSE of £262,500 on 19th November 2021. For the value to have increased from £262,500 to £284,488 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 21 HALL FARM CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The November 2021 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 21 HALL FARM CLOSE has not materially changed since November 2021.

How Large is 21 HALL FARM CLOSE?

21 HALL FARM CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of semi-detached houses houses in Melton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton, and where 21 HALL FARM CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 21 HALL FARM CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton.

21 HALL FARM CLOSE: Plot and Title Map

21 HALL FARM CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 21 HALL FARM 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 21 HALL FARM 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 21 HALL FARM CLOSE?

21 HALL FARM CLOSE is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 21 on HALL FARM CLOSE.