7, FURZE CLOSE, THURSTON, BURY ST EDMUNDS, IP31 3PR - £370,000

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

7 FURZE CLOSE is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £370,000 in June 2016, which was around 10% above the average June 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

7 FURZE CLOSE Sold Prices

Land registry data shows two sales for 7 FURZE 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 7 FURZE 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
2016 17 JUN	£370,000	£335,058	10% above HPI
2004 25 JUN	£238,000	£214,372	11% above HPI

7 FURZE 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 7 FURZE CLOSE sales from June 2004 and June 2016 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 June 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2016 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 FURZE CLOSE?

7 FURZE CLOSE is 108m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurston, and where 7 FURZE CLOSE lies on this distribution: 48% of detached houses are smaller than 7 FURZE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Thurston.

7 FURZE CLOSE: Plot and Title Map

7 FURZE CLOSE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 7 FURZE 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 7 FURZE 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 7 FURZE CLOSE?

7 FURZE CLOSE is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 7 on FURZE CLOSE.