18, WELL CLOSE SQUARE, FRAMLINGHAM, WOODBRIDGE, IP13 9DU - £210,000

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.

18 WELL CLOSE SQUARE is a very large terraced house of 155m², built sometime between 1900 and 1929, which could now be worth an estimated £227,418. It was last sold for £210,000 in April 2021, which was around 10% above the average April 2021 terraced price in the East Suffolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

18 WELL CLOSE SQUARE Sold Prices

Land registry data shows one sale for 18 WELL CLOSE SQUARE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 23 APR	£210,000	£190,801	10% above HPI

What might 18 WELL CLOSE SQUARE be worth now?

18 WELL CLOSE SQUARE might now be worth an estimated £227,418.

This is based on house price inflation of 8.3%, between April 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 8.3% inflationary increase is applied to the most recent sale price for 18 WELL CLOSE SQUARE of £210,000 on 23rd April 2021. For the value to have increased from £210,000 to £227,418 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 18 WELL CLOSE SQUARE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The April 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WELL CLOSE SQUARE has not materially changed since April 2021.

How Large is 18 WELL CLOSE SQUARE?

18 WELL CLOSE SQUARE is 155m² according to the EPC inspection conducted in January 2020. This puts it in the largest 10% of terraced houses in Framlingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Framlingham, and where 18 WELL CLOSE SQUARE lies on this distribution: 99% of terraced houses are smaller than 18 WELL CLOSE SQUARE, and 1% of terraced houses are larger. Note that EPC data is not available for all properties in Framlingham.

18 WELL CLOSE SQUARE: Plot

18 WELL CLOSE SQUARE sits on a plot of roughly 0.023 of an acre, or 93m².

Where is 18 WELL CLOSE SQUARE?

18 WELL CLOSE SQUARE is located in FRAMLINGHAM, in the IP13 postcode district.