12, GRUNDLE CLOSE, STANTON, BURY ST EDMUNDS, IP31 2XD - £200,000

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

12 GRUNDLE CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £200,000 in October 2014, which was around 34% below the average October 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

12 GRUNDLE CLOSE Sold Prices

Land registry data shows two sales for 12 GRUNDLE 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 West Suffolk local authority area for the corresponding sale date. Both of the two 12 GRUNDLE CLOSE sales were for below 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
2014 3 OCT	£200,000	£305,020	34% below HPI
1997 2 JAN	£63,500	£83,129	24% below HPI

12 GRUNDLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 12 GRUNDLE CLOSE sales from January 1997 and October 2014 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 January 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 12 GRUNDLE CLOSE?

12 GRUNDLE CLOSE is 70m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Stanton, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton, and where 12 GRUNDLE CLOSE lies on this distribution: 19% of detached houses are smaller than 12 GRUNDLE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Stanton.

12 GRUNDLE CLOSE: Plot and Title Map

12 GRUNDLE CLOSE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 12 GRUNDLE 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 12 GRUNDLE 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 12 GRUNDLE CLOSE?

12 GRUNDLE CLOSE is located in STANTON, in the IP31 postcode district. The below map shows the position of No. 12 on GRUNDLE CLOSE.