38, OXER CLOSE, ELMSWELL, BURY ST EDMUNDS, IP30 9UE - £300,000

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

38 OXER CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £300,000 in March 2017, which was around 14% below the average March 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was D.

38 OXER CLOSE Sold Prices

Land registry data shows two sales for 38 OXER 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two 38 OXER 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
2017 10 MAR	£300,000	£350,037	14% below HPI
1997 18 JUN	£76,500	£83,723	9% below HPI

38 OXER 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 two 38 OXER CLOSE sales from June 1997 and March 2017 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 June 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 38 OXER CLOSE?

38 OXER CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 38 OXER CLOSE lies on this distribution: 23% of detached houses are smaller than 38 OXER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

38 OXER CLOSE: Plot and Title Map

38 OXER CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 38 OXER 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 38 OXER 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 38 OXER CLOSE?

38 OXER CLOSE is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 38 on OXER CLOSE.