7, WOOD CLOSE, TOSTOCK, BURY ST EDMUNDS, IP30 9PX - £355,000

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 WOOD CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £353,792. It was last sold for £355,000 in December 2022, which was around 22% below the average December 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

7 WOOD CLOSE Sold Prices

Land registry data shows two sales for 7 WOOD 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 WOOD 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 16 DEC	£355,000	£457,383	22% below HPI
2003 24 APR	£150,000	£198,932	25% below HPI

7 WOOD 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 WOOD CLOSE sales from April 2003 and December 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 April 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 WOOD CLOSE be worth now?

7 WOOD CLOSE might now be worth an estimated £353,792.

This is based on house price deflation of 0.3%, between December 2022 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 0.3% deflationary decrease is applied to the most recent sale price for 7 WOOD CLOSE of £355,000 on 16th December 2022. For the value to have decreased from £355,000 to £353,792 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 WOOD CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2022 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WOOD CLOSE has not materially changed since December 2022.

How Large is 7 WOOD CLOSE?

7 WOOD CLOSE is 70m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses houses in Tostock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tostock, and where 7 WOOD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 7 WOOD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Tostock.

7 WOOD CLOSE: Plot and Title Map

7 WOOD CLOSE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 7 WOOD 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 WOOD 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 WOOD CLOSE?

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