32, MAJORS CLOSE, CHEDBURGH, BURY ST EDMUNDS, IP29 4UN - £350,000

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

32 MAJORS CLOSE is a large detached house of 113m², built sometime between 1976 and 1982. It was last sold for £350,000 in May 2021, which was around 12% below the average May 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

32 MAJORS CLOSE Sold Prices

Land registry data shows three sales for 32 MAJORS 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 West Suffolk local authority area for the corresponding sale date. Two of the three 32 MAJORS CLOSE sales were for below the average price, whilst one was for above 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 19 MAY	£350,000	£397,651	12% below HPI
2016 23 SEP	£255,000	£355,000	28% below HPI
1997 21 MAR	£85,000	£82,497	3% above HPI

32 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 three 32 MAJORS CLOSE sales between March 1997 and May 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 September 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 32 MAJORS CLOSE?

32 MAJORS CLOSE is 113m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Chedburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Chedburgh, and where 32 MAJORS CLOSE lies on this distribution: 60% of detached houses are smaller than 32 MAJORS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Chedburgh.

32 MAJORS CLOSE: Plot and Title Map

32 MAJORS CLOSE sits on a plot of roughly 0.246 of an acre, or 994m². The below map shows the location of 32 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 32 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 32 MAJORS CLOSE?

32 MAJORS CLOSE is located in CHEDBURGH, in the IP29 postcode district. The below map shows the position of No. 32 on MAJORS CLOSE.