7, PIGHTLE CLOSE, ELMSWELL, BURY ST EDMUNDS, IP30 9EJ - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 PIGHTLE CLOSE is a very large extended detached house of 172m², built sometime between 1967 and 1975, which could now be worth an estimated £381,196. It was last sold for £350,000 in May 2024, which was around 16% below the average May 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

7 PIGHTLE CLOSE Sold Prices

Land registry data shows two sales for 7 PIGHTLE 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 PIGHTLE 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
2024 20 MAY	£350,000	£418,523	16% below HPI
2002 28 MAR	£146,000	£168,005	13% below HPI

7 PIGHTLE 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 PIGHTLE CLOSE sales from March 2002 and May 2024 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 March 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 PIGHTLE CLOSE be worth now?

7 PIGHTLE CLOSE might now be worth an estimated £381,196.

This is based on house price inflation of 8.9%, between May 2024 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 7 PIGHTLE CLOSE of £350,000 on 20th May 2024. For the value to have increased from £350,000 to £381,196 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 7 PIGHTLE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PIGHTLE CLOSE has not materially changed since May 2024.

How Large is 7 PIGHTLE CLOSE?

7 PIGHTLE CLOSE is 172m², which includes four extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmswell, and where 7 PIGHTLE CLOSE lies on this distribution: 91% of detached houses houses are smaller than 7 PIGHTLE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

7 PIGHTLE CLOSE: Plot and Title Map

7 PIGHTLE CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 7 PIGHTLE 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 PIGHTLE 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 PIGHTLE CLOSE?

7 PIGHTLE CLOSE is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 7 on PIGHTLE CLOSE.