16, MALTINGS CLOSE, CHEVINGTON, BURY ST EDMUNDS, IP29 5RP - £325,000

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

16 MALTINGS CLOSE is a midsized detached house of 120m², built sometime between 1967 and 1975. It was last sold for £325,000 in November 2015, which was about the average November 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

16 MALTINGS CLOSE Sold Prices

Land registry data shows three sales for 16 MALTINGS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. The three 16 MALTINGS CLOSE sales were a mix of roughly equal to the average price, and 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
2015 25 NOV	£325,000	£324,292	Close to HPI
2003 31 JAN	£165,000	£195,664	16% below HPI
2002 19 JUL	£127,500	£185,437	31% below HPI

16 MALTINGS 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 three 16 MALTINGS CLOSE sales between July 2002 and November 2015 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 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 MALTINGS CLOSE?

16 MALTINGS CLOSE is 120m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Chevington, based on EPC data. The below chart shows the distribution of detached houses by size in Chevington, and where 16 MALTINGS CLOSE lies on this distribution: 46% of detached houses are smaller than 16 MALTINGS CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chevington.

16 MALTINGS CLOSE: Plot and Title Map

16 MALTINGS CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 16 MALTINGS 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 16 MALTINGS 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 16 MALTINGS CLOSE?

16 MALTINGS CLOSE is located in CHEVINGTON, in the IP29 postcode district. The below map shows the position of No. 16 on MALTINGS CLOSE.