7, MALTINGS CLOSE, CHEVINGTON, BURY ST EDMUNDS, IP29 5RP - £330,000

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 MALTINGS CLOSE is a large extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £330,000 in August 2014, which was around 10% above the average August 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

7 MALTINGS CLOSE Sold Prices

Land registry data shows four sales for 7 MALTINGS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Most of the four 7 MALTINGS 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
2014 22 AUG	£330,000	£300,317	10% above HPI
2012 13 JUL	£274,000	£268,442	2% above HPI
2003 14 AUG	£210,000	£215,657	3% below HPI
1996 16 AUG	£105,000	£83,915	25% above HPI

7 MALTINGS 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 four 7 MALTINGS CLOSE sales between August 1996 and August 2014 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 July 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 MALTINGS CLOSE?

7 MALTINGS CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Chevington, based on EPC data. The below chart shows the distribution of detached houses by size in Chevington, and where 7 MALTINGS CLOSE lies on this distribution: 68% of detached houses are smaller than 7 MALTINGS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Chevington.

7 MALTINGS CLOSE: Plot and Title Map

7 MALTINGS CLOSE sits on a plot of roughly 0.238 of an acre, or 962m². The below map shows the location of 7 MALTINGS 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 MALTINGS 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 MALTINGS CLOSE?

7 MALTINGS CLOSE is located in CHEVINGTON, in the IP29 postcode district. The below map shows the position of No. 7 on MALTINGS CLOSE.