8, GRUNDLE CLOSE, STANTON, BURY ST EDMUNDS, IP31 2XD - £210,000

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.

8 GRUNDLE CLOSE is a very small extended terraced house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £212,823. It was last sold for £210,000 in July 2023, which was around 7% below the average July 2023 terraced price in the West Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was A.

8 GRUNDLE CLOSE Sold Prices

Land registry data shows five sales for 8 GRUNDLE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. Most of the five 8 GRUNDLE CLOSE sales 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 4 JUL	£210,000	£225,873	7% below HPI
2006 14 AUG	£125,000	£130,318	4% below HPI
2002 30 MAY	£78,500	£77,940	1% above HPI
1999 29 APR	£52,000	£49,751	5% above HPI
1997 23 JAN	£41,500	£38,979	6% above HPI

8 GRUNDLE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The five 8 GRUNDLE CLOSE sales between January 1997 and July 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 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 GRUNDLE CLOSE be worth now?

8 GRUNDLE CLOSE might now be worth an estimated £212,823.

This is based on house price inflation of 1.3%, between July 2023 and July 2025, for terraced houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for 8 GRUNDLE CLOSE of £210,000 on 4th July 2023. For the value to have increased from £210,000 to £212,823 over the two years to July 2025, the following assumptions must hold true:

• The value of 8 GRUNDLE CLOSE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The July 2023 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRUNDLE CLOSE has not materially changed since July 2023.

How Large is 8 GRUNDLE CLOSE?

8 GRUNDLE CLOSE is 49m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of terraced houses houses in Stanton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stanton, and where 8 GRUNDLE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 GRUNDLE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stanton.

8 GRUNDLE CLOSE: Plot and Title Map

8 GRUNDLE CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 8 GRUNDLE 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 GRUNDLE 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 GRUNDLE CLOSE?

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