7, BRIGHT CLOSE, SAXMUNDHAM, IP17 1GB - £277,500

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.

7 BRIGHT CLOSE is a midsized detached house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £361,299. It was last sold for £277,500 in August 2016, which was around 13% below the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

7 BRIGHT CLOSE Sold Prices

Land registry data shows two sales for 7 BRIGHT 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 7 BRIGHT 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 19 AUG	£277,500	£320,157	13% below HPI
2005 29 APR	£169,995	£217,931	22% below HPI

7 BRIGHT 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 7 BRIGHT CLOSE sales from April 2005 and August 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 April 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 BRIGHT CLOSE be worth now?

7 BRIGHT CLOSE might now be worth an estimated £361,299.

This is based on house price inflation of 30.2%, between August 2016 and June 2025, for 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 30.2% inflationary increase is applied to the most recent sale price for 7 BRIGHT CLOSE of £277,500 on 19th August 2016. For the value to have increased from £277,500 to £361,299 over the nine years and two months to June 2025, the following assumptions must hold true:

• The value of 7 BRIGHT CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2016 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 7 BRIGHT CLOSE has not materially changed since August 2016.

How Large is 7 BRIGHT CLOSE?

7 BRIGHT CLOSE is 110m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Saxmundham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saxmundham, and where 7 BRIGHT CLOSE lies on this distribution: 44% of detached houses houses are smaller than 7 BRIGHT CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Saxmundham.

7 BRIGHT CLOSE: Plot and Title Map

7 BRIGHT CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 7 BRIGHT 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 7 BRIGHT 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 7 BRIGHT CLOSE?

7 BRIGHT CLOSE is located in SAXMUNDHAM, in the IP17 postcode district. The below map shows the position of No. 7 on BRIGHT CLOSE.