5, LIME TREE CLOSE, HESSETT, BURY ST EDMUNDS, IP30 9AY - £338,000

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

5 LIME TREE CLOSE is a small extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £338,000 in October 2020, which was around 12% below the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

5 LIME TREE CLOSE Sold Prices

Land registry data shows two sales for 5 LIME TREE 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 5 LIME TREE 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 14 OCT	£338,000	£381,936	12% below HPI
2003 14 OCT	£178,000	£210,805	16% below HPI

5 LIME TREE 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 5 LIME TREE CLOSE sales from October 2003 and October 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 October 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 LIME TREE CLOSE?

5 LIME TREE CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Hessett, based on EPC data. The below chart shows the distribution of detached houses by size in Hessett, and where 5 LIME TREE CLOSE lies on this distribution: 31% of detached houses are smaller than 5 LIME TREE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hessett.

5 LIME TREE CLOSE: Plot and Title Map

5 LIME TREE CLOSE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 5 LIME TREE 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 5 LIME TREE 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 5 LIME TREE CLOSE?

5 LIME TREE CLOSE is located in HESSETT, in the IP30 postcode district. The below map shows the position of No. 5 on LIME TREE CLOSE.