12, WRIGHTS WAY, WOOLPIT, BURY ST EDMUNDS, IP30 9TY - £215,000

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 WRIGHTS WAY is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £215,000 in December 2005, which was around 9% below the average December 2005 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

12 WRIGHTS WAY Sold Prices

Land registry data shows five sales for 12 WRIGHTS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five 12 WRIGHTS WAY 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
2005 21 DEC	£215,000	£235,595	9% below HPI
2004 27 JAN	£192,000	£210,472	9% below HPI
2000 26 JUL	£126,500	£131,151	4% below HPI
1997 1 SEP	£89,500	£90,307	1% below HPI
1995 27 JAN	£75,250	£79,768	6% below HPI

12 WRIGHTS WAY 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 five 12 WRIGHTS WAY sales between January 1995 and December 2005 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 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2005 sale, which was also at 9% below the HPI.

How Large is 12 WRIGHTS WAY?

12 WRIGHTS WAY is 104m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses by size in Woolpit, and where 12 WRIGHTS WAY lies on this distribution: 30% of detached houses are smaller than 12 WRIGHTS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

12 WRIGHTS WAY: Plot and Title Map

12 WRIGHTS WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 12 WRIGHTS WAY, 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 WRIGHTS WAY). 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 WRIGHTS WAY?

12 WRIGHTS WAY is located in WOOLPIT, in the IP30 postcode district. The below map shows the position of No. 12 on WRIGHTS WAY.