2, WOODLAND CLOSE, RISBY, BURY ST EDMUNDS, IP28 6QN - £699,000

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 WOODLAND CLOSE is a very large extended detached house of 237m², built sometime between 1950 and 1966. It was last sold for £699,000 in January 2022, which was around 59% above the average January 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

2 WOODLAND CLOSE Sold Prices

Land registry data shows two sales for 2 WOODLAND 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. One of the two 2 WOODLAND CLOSE sales was for above the average price, whilst the other was 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
2022 31 JAN	£699,000	£439,422	59% above HPI
2003 9 DEC	£208,000	£212,945	2% below HPI

2 WOODLAND 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 WOODLAND CLOSE sales from December 2003 and January 2022 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 December 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2022 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 2 WOODLAND CLOSE?

2 WOODLAND CLOSE is 237m², which includes three extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Risby, based on EPC data. The below chart shows the distribution of detached houses by size in Risby, and where 2 WOODLAND CLOSE lies on this distribution: 90% of detached houses are smaller than 2 WOODLAND CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Risby.

2 WOODLAND CLOSE: Plot and Title Map

2 WOODLAND CLOSE sits on a plot of roughly 0.246 of an acre, or 998m². The below map shows the location of 2 WOODLAND 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 WOODLAND 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 WOODLAND CLOSE?

2 WOODLAND CLOSE is located in RISBY, in the IP28 postcode district. The below map shows the position of No. 2 on WOODLAND CLOSE.