26, MITRE CLOSE, WOOLPIT, BURY ST EDMUNDS, IP30 9SJ - £283,000

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

26 MITRE CLOSE is a large extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £364,050. It was last sold for £283,000 in June 2016, which was around 17% below the average June 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

26 MITRE CLOSE Sold Prices

Land registry data shows two sales for 26 MITRE 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two 26 MITRE 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
2016 16 JUN	£283,000	£342,951	17% below HPI
1998 27 MAR	£74,000	£96,496	23% below HPI

26 MITRE 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 two 26 MITRE CLOSE sales from March 1998 and June 2016 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 March 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 26 MITRE CLOSE be worth now?

26 MITRE CLOSE might now be worth an estimated £364,050.

This is based on house price inflation of 28.6%, between June 2016 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.6% inflationary increase is applied to the most recent sale price for 26 MITRE CLOSE of £283,000 on 16th June 2016. For the value to have increased from £283,000 to £364,050 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 26 MITRE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2016 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 26 MITRE CLOSE has not materially changed since June 2016.

How Large is 26 MITRE CLOSE?

26 MITRE CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolpit, and where 26 MITRE CLOSE lies on this distribution: 70% of detached houses houses are smaller than 26 MITRE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

26 MITRE CLOSE: Plot and Title Map

26 MITRE CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 26 MITRE 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 26 MITRE 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 26 MITRE CLOSE?

26 MITRE CLOSE is located in WOOLPIT, in the IP30 postcode district. The below map shows the position of No. 26 on MITRE CLOSE.