40, ORCHARD CLOSE, EYE, IP23 7DW - £261,000

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

40 ORCHARD CLOSE is a small detached house of 111m², built sometime between 2003 and 2006. It was last sold for £261,000 in June 2017, which was around 27% below the average June 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

40 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 40 ORCHARD 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 40 ORCHARD 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 30 JUN	£261,000	£356,082	27% below HPI
2006 26 OCT	£224,950	£258,340	13% below HPI

40 ORCHARD 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 40 ORCHARD CLOSE sales from October 2006 and June 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 October 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 40 ORCHARD CLOSE?

40 ORCHARD CLOSE is 111m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Eye, based on EPC data. The below chart shows the distribution of detached houses by size in Eye, and where 40 ORCHARD CLOSE lies on this distribution: 40% of detached houses are smaller than 40 ORCHARD CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Eye.

40 ORCHARD CLOSE: Plot and Title Map

40 ORCHARD CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 40 ORCHARD 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 40 ORCHARD 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 40 ORCHARD CLOSE?

40 ORCHARD CLOSE is located in EYE, in the IP23 postcode district. The below map shows the position of No. 40 on ORCHARD CLOSE.