3, WYATT CLOSE, ELMSWELL, BURY ST EDMUNDS, IP30 9UL - £305,000

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.

3 WYATT CLOSE is a very small extended detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £368,910. It was last sold for £305,000 in May 2018, which was around 19% below the average May 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

3 WYATT CLOSE Sold Prices

Land registry data shows three sales for 3 WYATT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 3 WYATT 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
2018 25 MAY	£305,000	£376,860	19% below HPI
2005 27 MAY	£217,500	£235,332	8% below HPI
1998 9 JUL	£91,500	£97,975	7% below HPI

3 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 three 3 WYATT CLOSE sales between July 1998 and May 2018 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 May 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 WYATT CLOSE be worth now?

3 WYATT CLOSE might now be worth an estimated £368,910.

This is based on house price inflation of 21%, between May 2018 and February 2025, 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 21% inflationary increase is applied to the most recent sale price for 3 WYATT CLOSE of £305,000 on 25th May 2018. For the value to have increased from £305,000 to £368,910 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 WYATT CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WYATT CLOSE has not materially changed since May 2018.

How Large is 3 WYATT CLOSE?

3 WYATT CLOSE is 80m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmswell, and where 3 WYATT CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 WYATT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

3 WYATT CLOSE: Plot and Title Map

3 WYATT CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 3 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 3 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 3 WYATT CLOSE?

3 WYATT CLOSE is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 3 on WYATT CLOSE.