5, MITRE CLOSE, WOOLPIT, BURY ST EDMUNDS, IP30 9SJ - £330,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MITRE CLOSE is a large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £330,000 in January 2022, which was around 21% below the average January 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

5 MITRE CLOSE Sold Prices

Land registry data shows three sales for 5 MITRE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 5 MITRE 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
2022 28 JAN	£330,000	£418,992	21% below HPI
2006 11 DEC	£216,000	£258,039	16% below HPI
1997 28 NOV	£64,000	£90,085	29% below HPI

5 MITRE 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 three 5 MITRE CLOSE sales between November 1997 and January 2022 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 MITRE CLOSE?

5 MITRE CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses by size in Woolpit, and where 5 MITRE CLOSE lies on this distribution: 76% of detached houses are smaller than 5 MITRE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

5 MITRE CLOSE: Plot and Title Map

5 MITRE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 5 MITRE 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 MITRE 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 MITRE CLOSE?

5 MITRE CLOSE is located in WOOLPIT, in the IP30 postcode district. The below map shows the position of No. 5 on MITRE CLOSE.