48, WOODLAND CLOSE, RISBY, BURY ST EDMUNDS, IP28 6QN - £324,000

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

48 WOODLAND CLOSE is a midsized extended detached house of 153m², built sometime between 1967 and 1975. It was last sold for £324,000 in August 2014, which was around 8% above the average August 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

48 WOODLAND CLOSE Sold Prices

Land registry data shows two sales for 48 WOODLAND 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 48 WOODLAND CLOSE sales were 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
2014 6 AUG	£324,000	£300,317	8% above HPI
1998 25 SEP	£129,750	£102,575	26% above HPI

48 WOODLAND 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 48 WOODLAND CLOSE sales from September 1998 and August 2014 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 September 1998 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 48 WOODLAND CLOSE?

48 WOODLAND CLOSE is 153m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Risby, based on EPC data. The below chart shows the distribution of detached houses by size in Risby, and where 48 WOODLAND CLOSE lies on this distribution: 59% of detached houses are smaller than 48 WOODLAND CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Risby.

48 WOODLAND CLOSE: Plot and Title Map

48 WOODLAND CLOSE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 48 WOODLAND 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 48 WOODLAND 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 48 WOODLAND CLOSE?

48 WOODLAND CLOSE is located in RISBY, in the IP28 postcode district. The below map shows the position of No. 48 on WOODLAND CLOSE.