4, FARRIERS CLOSE, STRADBROKE, EYE, IP21 5JF - £252,500

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.

4 FARRIERS CLOSE is a very small terraced house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £243,000. It was last sold for £252,500 in November 2022, which was around 9% above the average November 2022 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

4 FARRIERS CLOSE Sold Prices

Land registry data shows four sales for 4 FARRIERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 4 FARRIERS 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
2022 25 NOV	£252,500	£232,352	9% above HPI
2011 28 SEP	£157,000	£135,298	16% above HPI
2006 17 AUG	£150,000	£138,289	8% above HPI
2001 2 JUL	£82,500	£66,503	24% above HPI

4 FARRIERS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 4 FARRIERS CLOSE sales between July 2001 and November 2022 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 September 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 FARRIERS CLOSE be worth now?

4 FARRIERS CLOSE might now be worth an estimated £243,000.

This is based on house price deflation of 3.8%, between November 2022 and May 2026, for terraced houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% deflationary decrease is applied to the most recent sale price for 4 FARRIERS CLOSE of £252,500 on 25th November 2022. For the value to have decreased from £252,500 to £243,000 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 4 FARRIERS CLOSE has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The November 2022 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FARRIERS CLOSE has not materially changed since November 2022.

How Large is 4 FARRIERS CLOSE?

4 FARRIERS CLOSE is 66m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of terraced houses houses in Stradbroke, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stradbroke, and where 4 FARRIERS CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 4 FARRIERS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

4 FARRIERS CLOSE: Plot and Title Map

4 FARRIERS CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 4 FARRIERS 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 4 FARRIERS 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 4 FARRIERS CLOSE?

4 FARRIERS CLOSE is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 4 on FARRIERS CLOSE.