2, VINE CLOSE, CONEY WESTON, BURY ST. EDMUNDS, IP31 1HP - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 VINE CLOSE is a large extended detached house of 190m², built sometime between 1996 and 2002. It was last sold for £365,000 in August 2004, which was around 51% above the average August 2004 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2 VINE CLOSE Sold Prices

Land registry data shows two sales for 2 VINE 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 West Suffolk local authority area for the corresponding sale date. Both of the two 2 VINE CLOSE sales were for above 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
2004 17 AUG	£365,000	£241,003	51% above HPI
2000 2 JUN	£250,000	£127,950	95% above HPI

2 VINE 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 two 2 VINE CLOSE sales from June 2000 and August 2004 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 2000 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the August 2004 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 2 VINE CLOSE be worth now?

2 VINE CLOSE might now be worth an estimated £701,989.

This is based on house price inflation of 92.3%, between August 2004 and December 2024, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.3% inflationary increase is applied to the most recent sale price for 2 VINE CLOSE of £365,000 on 17th August 2004. For the value to have increased from £365,000 to £701,989 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 VINE CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The August 2004 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VINE CLOSE has not materially changed since August 2004.

How Large is 2 VINE CLOSE?

2 VINE CLOSE is 190m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses houses in Coney Weston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coney Weston, and where 2 VINE CLOSE lies on this distribution: 67% of detached houses houses are smaller than 2 VINE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Coney Weston.

2 VINE CLOSE: Plot and Title Map

2 VINE CLOSE sits on a plot of roughly 0.436 of an acre, or 1,766m². The below map shows the location of 2 VINE 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 VINE 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 VINE CLOSE?

2 VINE CLOSE is located in CONEY WESTON, in the IP31 postcode district. The below map shows the position of No. 2 on VINE CLOSE.