1, HEATH CLOSE, HESSETT, BURY ST EDMUNDS, IP30 9BL - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HEATH CLOSE is a very small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £275,000 in December 2016, which was around 20% below the average December 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was B.

1 HEATH CLOSE Sold Prices

Land registry data shows two sales for 1 HEATH 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 Mid Suffolk local authority area for the corresponding sale date. One of the two 1 HEATH CLOSE sales was for below the average price, whilst the other was 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 21 DEC	£275,000	£345,883	20% below HPI
1998 5 OCT	£104,000	£101,611	2% above HPI

1 HEATH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 1 HEATH CLOSE sales from October 1998 and December 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 October 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 HEATH CLOSE?

1 HEATH CLOSE is 99m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Hessett, based on EPC data. The below chart shows the distribution of detached houses by size in Hessett, and where 1 HEATH CLOSE lies on this distribution: 16% of detached houses are smaller than 1 HEATH CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hessett.

1 HEATH CLOSE: Plot and Title Map

1 HEATH CLOSE sits on a plot of roughly 0.234 of an acre, or 946m². The below map shows the location of 1 HEATH 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 1 HEATH 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 1 HEATH CLOSE?

1 HEATH CLOSE is located in HESSETT, in the IP30 postcode district. The below map shows the position of No. 1 on HEATH CLOSE.