28, MAJORS CLOSE, CHEDBURGH, BURY ST EDMUNDS, IP29 4UN - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 MAJORS CLOSE is a midsized detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £430,454. It was last sold for £415,000 in November 2021, which was around 4% below the average November 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

28 MAJORS CLOSE Sold Prices

Land registry data shows four sales for 28 MAJORS CLOSE since 1^st 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. Most of the four 28 MAJORS 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
2021 26 NOV	£415,000	£434,343	4% below HPI
2005 1 DEC	£267,500	£242,290	10% above HPI
2000 30 JUN	£122,000	£127,950	5% below HPI
1999 12 NOV	£104,000	£119,482	13% below HPI

28 MAJORS 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 four 28 MAJORS CLOSE sales between November 1999 and November 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 December 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 28 MAJORS CLOSE be worth now?

28 MAJORS CLOSE might now be worth an estimated £430,454.

This is based on house price inflation of 3.7%, between November 2021 and February 2025, 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 3.7% inflationary increase is applied to the most recent sale price for 28 MAJORS CLOSE of £415,000 on 26th November 2021. For the value to have increased from £415,000 to £430,454 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 MAJORS CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The November 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MAJORS CLOSE has not materially changed since November 2021.

How Large is 28 MAJORS CLOSE?

28 MAJORS CLOSE is 112m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses houses in Chedburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedburgh, and where 28 MAJORS CLOSE lies on this distribution: 55% of detached houses houses are smaller than 28 MAJORS CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chedburgh.

28 MAJORS CLOSE: Plot and Title Map

28 MAJORS CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 28 MAJORS 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 28 MAJORS 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 28 MAJORS CLOSE?

28 MAJORS CLOSE is located in CHEDBURGH, in the IP29 postcode district. The below map shows the position of No. 28 on MAJORS CLOSE.