53, MAJORS CLOSE, CHEDBURGH, BURY ST EDMUNDS, IP29 4UN - £320,000

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

53 MAJORS CLOSE is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £320,000 in March 2021, which was around 21% below the average March 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was B.

53 MAJORS CLOSE Sold Prices

Land registry data shows three sales for 53 MAJORS 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 West Suffolk local authority area for the corresponding sale date. All of the three 53 MAJORS 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
2021 9 MAR	£320,000	£405,097	21% below HPI
2012 31 MAY	£225,000	£257,079	12% below HPI
1999 30 NOV	£106,500	£117,955	10% below HPI

53 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 three 53 MAJORS CLOSE sales between November 1999 and March 2021 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 May 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 53 MAJORS CLOSE?

53 MAJORS CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 53 MAJORS CLOSE lies on this distribution: 33% of detached houses are smaller than 53 MAJORS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Chedburgh.

53 MAJORS CLOSE: Plot and Title Map

53 MAJORS CLOSE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 53 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 53 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 53 MAJORS CLOSE?

53 MAJORS CLOSE is located in CHEDBURGH, in the IP29 postcode district. The below map shows the position of No. 53 on MAJORS CLOSE.