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 THOMAS CLOSE is a very large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £370,000 in October 2017, which was around 1% below the average October 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 THOMAS CLOSE since 1st 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. The four 2 THOMAS CLOSE sales were a mix of below the average price, and roughly equal to 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 17 OCT | £370,000 | £374,332 | 1% below HPI |
2015 17 FEB | £310,000 | £309,053 | Close to HPI |
1997 24 OCT | £84,000 | £94,419 | 11% below HPI |
1995 5 OCT | £76,000 | £80,518 | 6% below HPI |
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 THOMAS CLOSE sales between October 1995 and October 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 February 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
2 THOMAS CLOSE is 143m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Ixworth, and where 2 THOMAS CLOSE lies on this distribution: 85% of detached houses are smaller than 2 THOMAS CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ixworth.
2 THOMAS CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 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 2 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.
2 THOMAS CLOSE is located in IXWORTH, in the IP31 postcode district. The below map shows the position of No. 2 on THOMAS CLOSE.