2, PINEWAYS CLOSE, BROCKLEY, BURY ST EDMUNDS, IP29 4BB - £230,000

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 PINEWAYS CLOSE is a very small detached house of 51m², built sometime between 1976 and 1982. It was last sold for £230,000 in November 2017, which was around 39% below the average November 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

2 PINEWAYS CLOSE Sold Prices

Land registry data shows four sales for 2 PINEWAYS 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 West Suffolk local authority area for the corresponding sale date. All of the four 2 PINEWAYS 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
2017 27 NOV	£230,000	£378,841	39% below HPI
2011 12 AUG	£175,000	£258,882	32% below HPI
2004 14 MAY	£133,950	£225,089	40% below HPI
2000 17 NOV	£71,000	£134,773	47% below HPI

2 PINEWAYS 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 four 2 PINEWAYS CLOSE sales between November 2000 and November 2017 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 August 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 PINEWAYS CLOSE?

2 PINEWAYS CLOSE is 51m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Brockley, based on EPC data. The below chart shows the distribution of detached houses by size in Brockley, and where 2 PINEWAYS CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 2 PINEWAYS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Brockley.

2 PINEWAYS CLOSE: Plot and Title Map

2 PINEWAYS CLOSE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 2 PINEWAYS 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 PINEWAYS 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 PINEWAYS CLOSE?

2 PINEWAYS CLOSE is located in BROCKLEY, in the IP29 postcode district. The below map shows the position of No. 2 on PINEWAYS CLOSE.