6, WRIGHTS WAY, WOOLPIT, BURY ST EDMUNDS, IP30 9TY - £399,000

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

6 WRIGHTS WAY is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £399,000 in November 2023, which was around 6% below the average November 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

6 WRIGHTS WAY Sold Prices

Land registry data shows three sales for 6 WRIGHTS WAY 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. Two of the three 6 WRIGHTS WAY sales were for below the average price, whilst one was 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
2023 16 NOV	£399,000	£422,466	6% below HPI
2022 5 DEC	£373,000	£446,856	17% below HPI
2003 8 SEP	£237,000	£206,130	15% above HPI

6 WRIGHTS WAY 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 6 WRIGHTS WAY sales between September 2003 and November 2023 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 2022 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 6 WRIGHTS WAY?

6 WRIGHTS WAY is 99m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 6 WRIGHTS WAY lies on this distribution: 24% of detached houses are smaller than 6 WRIGHTS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

6 WRIGHTS WAY: Plot and Title Map

6 WRIGHTS WAY sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 6 WRIGHTS WAY, 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 6 WRIGHTS WAY). 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 6 WRIGHTS WAY?

6 WRIGHTS WAY is located in WOOLPIT, in the IP30 postcode district. The below map shows the position of No. 6 on WRIGHTS WAY.