8, NORMAN CLOSE, FELIXSTOWE, IP11 9NQ - £360,000

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.

8 NORMAN CLOSE is a small detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £497,334. It was last sold for £360,000 in June 2016, which was around 18% above the average June 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

8 NORMAN CLOSE Sold Prices

Land registry data shows four sales for 8 NORMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 8 NORMAN 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
2016 27 JUN	£360,000	£306,226	18% above HPI
2006 4 AUG	£277,000	£235,554	18% above HPI
1996 16 AUG	£94,525	£73,819	28% above HPI
1995 26 JUL	£106,500	£75,223	42% above HPI

8 NORMAN 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 four 8 NORMAN CLOSE sales between July 1995 and June 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 August 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2016 sale, which was also at 18% above the HPI.

What might 8 NORMAN CLOSE be worth now?

8 NORMAN CLOSE might now be worth an estimated £497,334.

This is based on house price inflation of 38.1%, between June 2016 and February 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 38.1% inflationary increase is applied to the most recent sale price for 8 NORMAN CLOSE of £360,000 on 27th June 2016. For the value to have increased from £360,000 to £497,334 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 8 NORMAN CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORMAN CLOSE has not materially changed since June 2016.

How Large is 8 NORMAN CLOSE?

8 NORMAN CLOSE is 90m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felixstowe, and where 8 NORMAN CLOSE lies on this distribution: 28% of detached houses houses are smaller than 8 NORMAN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

8 NORMAN CLOSE: Plot and Title Map

8 NORMAN CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 NORMAN 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 8 NORMAN 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 8 NORMAN CLOSE?

8 NORMAN CLOSE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 8 on NORMAN CLOSE.