2, MURIEL KING CLOSE, HESSETT, BURY ST. EDMUNDS, IP30 9AP - £227,000

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

2 MURIEL KING CLOSE is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £227,000 in December 2007, which was around 19% below the average December 2007 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

2 MURIEL KING CLOSE Sold Prices

Land registry data shows two sales for 2 MURIEL KING 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two 2 MURIEL KING 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
2007 3 DEC	£227,000	£280,837	19% below HPI
2005 30 JUN	£189,000	£230,014	18% below HPI

2 MURIEL KING 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 two 2 MURIEL KING CLOSE sales from June 2005 and December 2007 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 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2007 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 MURIEL KING CLOSE?

2 MURIEL KING CLOSE is 84m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Hessett, based on EPC data. The below chart shows the distribution of detached houses by size in Hessett, and where 2 MURIEL KING CLOSE lies on this distribution: 13% of detached houses are smaller than 2 MURIEL KING CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hessett.

2 MURIEL KING CLOSE: Plot and Title Map

2 MURIEL KING CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 2 MURIEL KING 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 2 MURIEL KING 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 2 MURIEL KING CLOSE?

2 MURIEL KING CLOSE is located in HESSETT, in the IP30 postcode district. The below map shows the position of No. 2 on MURIEL KING CLOSE.