35, STANHOPE CLOSE, SNAPE, SAXMUNDHAM, IP17 1RH - £245,000

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.

35 STANHOPE CLOSE is a very small terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £265,002. It was last sold for £245,000 in September 2021, which was around 28% above the average September 2021 terraced price in the East Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

35 STANHOPE CLOSE Sold Prices

Land registry data shows six sales for 35 STANHOPE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the six 35 STANHOPE 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 10 SEP	£245,000	£191,031	28% above HPI
2017 20 JUL	£180,000	£160,358	12% above HPI
2007 14 AUG	£178,500	£135,010	32% above HPI
2005 29 JUN	£138,000	£108,997	27% above HPI
2002 6 JUN	£85,500	£68,456	25% above HPI
2001 23 MAR	£71,000	£53,804	32% above HPI

35 STANHOPE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The six 35 STANHOPE CLOSE sales between March 2001 and September 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 July 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 35 STANHOPE CLOSE be worth now?

35 STANHOPE CLOSE might now be worth an estimated £265,002.

This is based on house price inflation of 8.2%, between September 2021 and May 2026, for terraced 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 8.2% inflationary increase is applied to the most recent sale price for 35 STANHOPE CLOSE of £245,000 on 10th September 2021. For the value to have increased from £245,000 to £265,002 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 35 STANHOPE CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The September 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 35 STANHOPE CLOSE has not materially changed since September 2021.

How Large is 35 STANHOPE CLOSE?

35 STANHOPE CLOSE is 60m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of terraced houses houses in Snape, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Snape, and where 35 STANHOPE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 35 STANHOPE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Snape.

35 STANHOPE CLOSE: Plot and Title Map

35 STANHOPE CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 35 STANHOPE 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 35 STANHOPE 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 35 STANHOPE CLOSE?

35 STANHOPE CLOSE is located in SNAPE, in the IP17 postcode district. The below map shows the position of No. 35 on STANHOPE CLOSE.