2, Oakes Close
2, Oakes Close
Description & Estimates
Public records show 2, Oakes Close, Woodbridge to be a modern freehold house with 1,948 ft2 of internal area, sitting on a 1,491 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Oakes Close, Woodbridge has an estimated sale value of £566,202 and an estimated rental value of £1,838 per month, assuming reasonable condition and based on the information available.
Oakes Close, Laxfield, Woodbridge, IP13 lies in the borough of Mid Suffolk, within the IP13 postal district.
Our Data Sources
2, Oakes Close, Woodbridge has 2 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Oakes Close, Woodbridge would be worth £594,512, with a potential rental value of £1,930 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £526,568, with a rental value of £1,710 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Oakes Close, Woodbridge has moved down by £30,100 (5.3%) over the last year. During the same period, its estimated monthly rental value has increased by £43 (2.3%). The property's estimated gross yield is currently 3.9%.
Plot Size
2, Oakes Close, Woodbridge occupies a 1,491 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, Oakes Close, Woodbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
2, Oakes Close, Woodbridge last changed hands on 5th April 2022, selling for £700,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 2.8% since April 2022.
- Sold Apr 2022£700,000
- Sold Jun 2021£675,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.0 kilometres of 2, Oakes Close, Woodbridge across the last 2 years.
Most recently, 2, Fox Close, Woodbridge, IP13 8FL, a freehold house, sold at £765,000 on the 26th January 2024.
Read more about house prices in IP13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Oakes Close, Woodbridge as the 2nd largest and the 2nd most expensive of the 7 addresses on Oakes Close, Laxfield, Woodbridge, IP13.
Against the IP13 postcode district average, it is £150k more expensive than the typical property.
More reading links
Schools Nearby
- 900mAll Saints Church of England Primary School, Laxfield
- 5.6kmWilby Church of England Primary School
- 5.8kmDennington Church of England Primary School
- 6.6kmStradbroke High School
- 9.0kmThomas Mills High School & Sixth Form
- 15.9kmHartismere School
More reading links
Public Transport Nearby
Halesworth station is the nearest stop to 2, Oakes Close, Woodbridge at 10.4 kilometres away.
- 10.4kmHalesworth
- 11.1kmDarsham
- 13.0kmSaxmundham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
