16, THOMAS CLOSE, IXWORTH, BURY ST EDMUNDS, IP31 2UQ - £297,000

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 THOMAS CLOSE is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £297,000 in August 2020, which was around 24% below the average August 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

16 THOMAS CLOSE Sold Prices

Land registry data shows three sales for 16 THOMAS 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. All of the three 16 THOMAS 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
2020 7 AUG	£297,000	£388,427	24% below HPI
2015 3 JUN	£257,000	£313,650	18% below HPI
1996 26 NOV	£72,000	£84,415	15% below HPI

16 THOMAS 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 THOMAS CLOSE sales between November 1996 and August 2020 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 June 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 THOMAS CLOSE?

16 THOMAS CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Ixworth, and where 16 THOMAS CLOSE lies on this distribution: 55% of detached houses are smaller than 16 THOMAS CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ixworth.

16 THOMAS CLOSE: Plot and Title Map

16 THOMAS CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 16 THOMAS 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 THOMAS 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 THOMAS CLOSE?

16 THOMAS CLOSE is located in IXWORTH, in the IP31 postcode district. The below map shows the position of No. 16 on THOMAS CLOSE.