41, MAJORS CLOSE, CHEDBURGH, BURY ST EDMUNDS, IP29 4UN - £296,500

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

41 MAJORS CLOSE is a large detached house of 117m², built sometime between 1950 and 1966. It was last sold for £296,500 in March 2023, which was around 35% below the average March 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2023, where the current energy rating was F, and the potential energy rating was C.

41 MAJORS CLOSE Sold Prices

Land registry data shows two sales for 41 MAJORS 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. One of the two 41 MAJORS CLOSE sales was for below the average price, whilst the other 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
2023 7 MAR	£296,500	£454,138	35% below HPI
1997 5 DEC	£97,250	£91,870	6% above HPI

41 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 two 41 MAJORS CLOSE sales from December 1997 and March 2023 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 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 41 MAJORS CLOSE?

41 MAJORS CLOSE is 117m² according to the EPC inspection conducted in January 2023. 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 41 MAJORS CLOSE lies on this distribution: 65% of detached houses are smaller than 41 MAJORS CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Chedburgh.

41 MAJORS CLOSE: Plot and Title Map

41 MAJORS CLOSE sits on a plot of roughly 0.155 of an acre, or 625m². The below map shows the location of 41 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 41 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 41 MAJORS CLOSE?

41 MAJORS CLOSE is located in CHEDBURGH, in the IP29 postcode district. The below map shows the position of No. 41 on MAJORS CLOSE.