1, WREN CLOSE, THURSTON, BURY ST EDMUNDS, IP31 3TQ - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WREN CLOSE is a midsized detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £434,050. It was last sold for £450,000 in December 2022, which was around 2% below the average December 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

1 WREN CLOSE Sold Prices

Land registry data shows two sales for 1 WREN 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 WREN 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
2022 20 DEC	£450,000	£457,383	2% below HPI
1996 20 DEC	£106,500	£83,668	27% above HPI

1 WREN 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 WREN CLOSE sales from December 1996 and December 2022 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 December 1996 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 WREN CLOSE be worth now?

1 WREN CLOSE might now be worth an estimated £434,050.

This is based on house price deflation of 3.5%, between December 2022 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% deflationary decrease is applied to the most recent sale price for 1 WREN CLOSE of £450,000 on 20th December 2022. For the value to have decreased from £450,000 to £434,050 over the two years to December 2024, the following assumptions must hold true:

• The value of 1 WREN CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WREN CLOSE has not materially changed since December 2022.

How Large is 1 WREN CLOSE?

1 WREN CLOSE is 115m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurston, and where 1 WREN CLOSE lies on this distribution: 58% of detached houses houses are smaller than 1 WREN CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Thurston.

1 WREN CLOSE: Plot and Title Map

1 WREN CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 1 WREN 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 WREN 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 WREN CLOSE?

1 WREN CLOSE is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 1 on WREN CLOSE.