4, MALTINGS CLOSE, CHEVINGTON, BURY ST EDMUNDS, IP29 5RP - £315,000

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.

4 MALTINGS CLOSE is a midsized extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £371,831. It was last sold for £315,000 in March 2020, which was around 17% below the average March 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

4 MALTINGS CLOSE Sold Prices

Land registry data shows two sales for 4 MALTINGS 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 4 MALTINGS 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
2020 17 MAR	£315,000	£381,660	17% below HPI
2001 7 DEC	£140,000	£154,256	9% below HPI

4 MALTINGS 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 4 MALTINGS CLOSE sales from December 2001 and March 2020 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 December 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 4 MALTINGS CLOSE be worth now?

4 MALTINGS CLOSE might now be worth an estimated £371,831.

This is based on house price inflation of 18%, between March 2020 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 4 MALTINGS CLOSE of £315,000 on 17th March 2020. For the value to have increased from £315,000 to £371,831 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 4 MALTINGS CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The March 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MALTINGS CLOSE has not materially changed since March 2020.

How Large is 4 MALTINGS CLOSE?

4 MALTINGS CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses houses in Chevington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chevington, and where 4 MALTINGS CLOSE lies on this distribution: 43% of detached houses houses are smaller than 4 MALTINGS CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Chevington.

4 MALTINGS CLOSE: Plot and Title Map

4 MALTINGS CLOSE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of 4 MALTINGS 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 4 MALTINGS 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 4 MALTINGS CLOSE?

4 MALTINGS CLOSE is located in CHEVINGTON, in the IP29 postcode district. The below map shows the position of No. 4 on MALTINGS CLOSE.