7, WREN CLOSE, THURSTON, BURY ST EDMUNDS, IP31 3TQ - £365,000

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 WREN CLOSE is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £365,000 in May 2022, which was around 14% below the average May 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

7 WREN CLOSE Sold Prices

Land registry data shows two sales for 7 WREN 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 WREN 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
2022 5 MAY	£365,000	£425,768	14% below HPI
1995 15 DEC	£68,500	£76,888	11% below HPI

7 WREN 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 WREN CLOSE sales from December 1995 and May 2022 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 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 WREN CLOSE?

7 WREN CLOSE is 82m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% 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 WREN CLOSE lies on this distribution: 19% of detached houses are smaller than 7 WREN CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Thurston.

7 WREN CLOSE: Plot and Title Map

7 WREN CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 7 WREN 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 WREN 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 WREN CLOSE?

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