4, FRANCIS CLOSE, KESGRAVE, IPSWICH, IP5 2GQ - £250,000

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.

4 FRANCIS CLOSE is a very small extended semi-detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £292,382. It was last sold for £250,000 in February 2021, which was around 4% above the average February 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

4 FRANCIS CLOSE Sold Prices

Land registry data shows four sales for 4 FRANCIS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 4 FRANCIS 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 5 FEB	£250,000	£240,367	4% above HPI
2016 11 NOV	£250,000	£203,814	23% above HPI
2012 28 SEP	£188,000	£159,528	18% above HPI
2006 18 AUG	£165,000	£154,905	7% above HPI

4 FRANCIS 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 four 4 FRANCIS CLOSE sales between August 2006 and February 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 November 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 FRANCIS CLOSE be worth now?

4 FRANCIS CLOSE might now be worth an estimated £292,382.

This is based on house price inflation of 17%, between February 2021 and March 2025, 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 17% inflationary increase is applied to the most recent sale price for 4 FRANCIS CLOSE of £250,000 on 5th February 2021. For the value to have increased from £250,000 to £292,382 over the three years and eleven months to March 2025, the following assumptions must hold true:

• The value of 4 FRANCIS CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FRANCIS CLOSE has not materially changed since February 2021.

How Large is 4 FRANCIS CLOSE?

4 FRANCIS CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of semi-detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kesgrave, and where 4 FRANCIS CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 4 FRANCIS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

4 FRANCIS CLOSE: Plot and Title Map

4 FRANCIS CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 4 FRANCIS 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 FRANCIS 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 FRANCIS CLOSE?

4 FRANCIS CLOSE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 4 on FRANCIS CLOSE.