3, ABBEY CLOSE, IXWORTH, BURY ST EDMUNDS, IP31 2HF - £240,000

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

3 ABBEY CLOSE is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £240,000 in December 2015, which was around 27% below the average December 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was A.

3 ABBEY CLOSE Sold Prices

Land registry data shows two sales for 3 ABBEY 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 3 ABBEY 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
2015 16 DEC	£240,000	£327,387	27% below HPI
2002 12 JUL	£153,000	£185,437	17% below HPI

3 ABBEY 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 3 ABBEY CLOSE sales from July 2002 and December 2015 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 July 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 ABBEY CLOSE?

3 ABBEY CLOSE is 88m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Ixworth, and where 3 ABBEY CLOSE lies on this distribution: 12% of detached houses are smaller than 3 ABBEY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Ixworth.

3 ABBEY CLOSE: Plot and Title Map

3 ABBEY CLOSE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 3 ABBEY 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 3 ABBEY 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 3 ABBEY CLOSE?

3 ABBEY CLOSE is located in IXWORTH, in the IP31 postcode district. The below map shows the position of No. 3 on ABBEY CLOSE.