3, DRAPERS CLOSE, HADLEIGH, IPSWICH, IP7 5DH - £310,000

3 DRAPERS CLOSE is a large extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £310,000 in December 2016, which was around 20% below the average December 2016 detached price in the Babergh local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

3 DRAPERS CLOSE Sold Prices

Land registry data shows two sales for 3 DRAPERS 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 Babergh local authority area for the corresponding sale date. Both of the two 3 DRAPERS 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 16 DEC	£310,000	£386,561	20% below HPI
2003 17 FEB	£195,000	£206,440	6% below HPI

3 DRAPERS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 3 DRAPERS CLOSE sales from February 2003 and December 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 February 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 DRAPERS CLOSE?

3 DRAPERS CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hadleigh, and where 3 DRAPERS CLOSE lies on this distribution: 69% of detached houses are smaller than 3 DRAPERS CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.

3 DRAPERS CLOSE: Plot and Title Map

3 DRAPERS CLOSE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 3 DRAPERS 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 3 DRAPERS 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 3 DRAPERS CLOSE?

3 DRAPERS CLOSE is located in HADLEIGH, in the IP7 postcode district. The below map shows the position of No. 3 on DRAPERS CLOSE.