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

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 WYATT CLOSE is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £305,000 in May 2018, which was around 17% 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	£368,187	17% below HPI
2005 27 MAY	£217,500	£229,916	5% below HPI
1998 9 JUL	£91,500	£95,720	4% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 3 WYATT CLOSE lies on this distribution: 9% of detached 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.