2, WYATT CLOSE, ELMSWELL, BURY ST EDMUNDS, IP30 9UL - £375,000

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 WYATT CLOSE is a large extended detached house of 139m², built sometime between 1991 and 1995. It was last sold for £375,000 in March 2021, which was around 3% below the average March 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 WYATT CLOSE Sold Prices

Land registry data shows six sales for 2 WYATT CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the six 2 WYATT 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
2021 19 MAR	£375,000	£388,004	3% below HPI
2012 5 APR	£250,000	£255,098	2% below HPI
2009 11 DEC	£250,000	£241,301	4% above HPI
2007 25 MAY	£279,995	£263,628	6% above HPI
2000 29 SEP	£140,000	£133,312	5% above HPI
1998 9 APR	£98,500	£93,788	5% above HPI

2 WYATT 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 six 2 WYATT CLOSE sales between April 1998 and March 2021 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 April 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 WYATT CLOSE?

2 WYATT CLOSE is 139m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 2 WYATT CLOSE lies on this distribution: 74% of detached houses are smaller than 2 WYATT CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

2 WYATT CLOSE: Plot and Title Map

2 WYATT CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 2 WYATT 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 WYATT 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 WYATT CLOSE?

2 WYATT CLOSE is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 2 on WYATT CLOSE.