3, ELM CLOSE, RENDLESHAM, WOODBRIDGE, IP12 2UP - £245,000

3 ELM CLOSE is a midsized detached house of 141m², built sometime between 1983 and 1990. It was last sold for £245,000 in May 2016, which was around 20% below the average May 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 ELM CLOSE Sold Prices

Land registry data shows two sales for 3 ELM 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 3 ELM 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 27 MAY	£245,000	£307,292	20% below HPI
2003 3 OCT	£150,500	£197,051	24% below HPI

3 ELM 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 3 ELM CLOSE sales from October 2003 and May 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 October 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 ELM CLOSE?

3 ELM CLOSE is 141m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses in Rendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Rendlesham, and where 3 ELM CLOSE lies on this distribution: 55% of detached houses are smaller than 3 ELM CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

3 ELM CLOSE: Plot and Title Map

3 ELM CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 3 ELM 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 ELM 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 ELM CLOSE?

3 ELM CLOSE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 3 on ELM CLOSE.