3, SOUTH CLOSE, BECCLES, NR34 9PB - £320,000

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.

3 SOUTH CLOSE is a large extended semi-detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £379,020. It was last sold for £320,000 in November 2018, which was around 42% above the average November 2018 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

3 SOUTH CLOSE Sold Prices

Land registry data shows two sales for 3 SOUTH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 3 SOUTH 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
2018 9 NOV	£320,000	£225,753	42% above HPI
2012 13 JAN	£212,000	£165,671	28% above HPI

3 SOUTH 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 two 3 SOUTH CLOSE sales from January 2012 and November 2018 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 January 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2018 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 3 SOUTH CLOSE be worth now?

3 SOUTH CLOSE might now be worth an estimated £379,020.

This is based on house price inflation of 18.4%, between November 2018 and May 2026, 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 18.4% inflationary increase is applied to the most recent sale price for 3 SOUTH CLOSE of £320,000 on 9th November 2018. For the value to have increased from £320,000 to £379,020 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 3 SOUTH CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The November 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOUTH CLOSE has not materially changed since November 2018.

How Large is 3 SOUTH CLOSE?

3 SOUTH CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of semi-detached houses houses in Beccles, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Beccles, and where 3 SOUTH CLOSE lies on this distribution: 70% of semi-detached houses houses are smaller than 3 SOUTH CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Beccles.

3 SOUTH CLOSE: Plot and Title Map

3 SOUTH CLOSE sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of 3 SOUTH 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 SOUTH 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 SOUTH CLOSE?

3 SOUTH CLOSE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 3 on SOUTH CLOSE.