17, OXER CLOSE, ELMSWELL, BURY ST EDMUNDS, IP30 9UE - £240,000

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

17 OXER CLOSE is a very small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2015, which was around 26% below the average November 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

17 OXER CLOSE Sold Prices

Land registry data shows four sales for 17 OXER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 17 OXER 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
2015 2 NOV	£240,000	£322,215	26% below HPI
2006 6 SEP	£173,000	£255,672	32% below HPI
2001 29 MAY	£102,000	£128,843	21% below HPI
1997 3 MAR	£62,500	£83,219	25% below HPI

17 OXER 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 four 17 OXER CLOSE sales between March 1997 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 September 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 17 OXER CLOSE?

17 OXER CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 17 OXER CLOSE lies on this distribution: 15% of detached houses are smaller than 17 OXER CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

17 OXER CLOSE: Plot and Title Map

17 OXER CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 17 OXER 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 17 OXER 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 17 OXER CLOSE?

17 OXER CLOSE is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 17 on OXER CLOSE.