8, FURZE CLOSE, THURSTON, BURY ST EDMUNDS, IP31 3PR - £395,000

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

8 FURZE CLOSE is a very large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £395,000 in July 2019, which was around 9% above the average July 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

8 FURZE CLOSE Sold Prices

Land registry data shows three sales for 8 FURZE 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. Two of the three 8 FURZE CLOSE sales were for above the average price, whilst one was 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
2019 25 JUL	£395,000	£362,315	9% above HPI
2007 25 MAY	£265,000	£263,628	1% above HPI
2000 27 JUL	£107,000	£131,151	18% below HPI

8 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 three 8 FURZE CLOSE sales between July 2000 and July 2019 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 May 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 8 FURZE CLOSE?

8 FURZE CLOSE is 148m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 8 FURZE CLOSE lies on this distribution: 81% of detached houses are smaller than 8 FURZE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Thurston.

8 FURZE CLOSE: Plot and Title Map

8 FURZE CLOSE sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 8 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 8 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 8 FURZE CLOSE?

8 FURZE CLOSE is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 8 on FURZE CLOSE.