42, PIGHTLE CLOSE, ELMSWELL, BURY ST. EDMUNDS, IP30 9EL - £41,000

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

42 PIGHTLE CLOSE is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £41,000 in August 2005, which was around 83% below the average August 2005 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

42 PIGHTLE CLOSE Sold Prices

Land registry data shows two sales for 42 PIGHTLE 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 42 PIGHTLE 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
2005 18 AUG	£41,000	£236,036	83% below HPI
2002 1 FEB	£146,000	£158,656	8% below HPI

42 PIGHTLE 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 42 PIGHTLE CLOSE sales from February 2002 and August 2005 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 February 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2005 sale, where it falls to 83% below the HPI. The line then continues to track at 83% below the HPI.

How Large is 42 PIGHTLE CLOSE?

42 PIGHTLE CLOSE is 87m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 42 PIGHTLE CLOSE lies on this distribution: 15% of detached houses are smaller than 42 PIGHTLE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

42 PIGHTLE CLOSE: Plot and Title Map

42 PIGHTLE CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 42 PIGHTLE 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 42 PIGHTLE 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 42 PIGHTLE CLOSE?

42 PIGHTLE CLOSE is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 42 on PIGHTLE CLOSE.