7, ORCHARD CLOSE, EYE, IP23 7DW - £415,000

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 ORCHARD CLOSE is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £415,000 in November 2023, which was around 2% below the average November 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

7 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 7 ORCHARD 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. One of the three 7 ORCHARD CLOSE sales was for below the average price, whilst two 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
2023 24 NOV	£415,000	£425,039	2% below HPI
2012 8 AUG	£270,000	£253,833	6% above HPI
2006 29 SEP	£269,950	£255,672	6% above HPI

7 ORCHARD 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 7 ORCHARD CLOSE sales between September 2006 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 August 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 ORCHARD CLOSE?

7 ORCHARD CLOSE is 114m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Eye, based on EPC data. The below chart shows the distribution of detached houses by size in Eye, and where 7 ORCHARD CLOSE lies on this distribution: 45% of detached houses are smaller than 7 ORCHARD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Eye.

7 ORCHARD CLOSE: Plot and Title Map

7 ORCHARD CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 ORCHARD 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 ORCHARD 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 ORCHARD CLOSE?

7 ORCHARD CLOSE is located in EYE, in the IP23 postcode district. The below map shows the position of No. 7 on ORCHARD CLOSE.