12, MITRE CLOSE, WOOLPIT, BURY ST EDMUNDS, IP30 9SJ - £317,500

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.

12 MITRE CLOSE is a detached house, which could now be worth an estimated £332,422. It was last sold for £317,500 in February 2024, which was around 25% below the average February 2024 detached price in the Mid Suffolk local authority area.

12 MITRE CLOSE Sold Prices

Land registry data shows two sales for 12 MITRE 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 12 MITRE 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 16 FEB	£317,500	£421,373	25% below HPI
2015 3 JUL	£205,000	£304,492	33% below HPI

What might 12 MITRE CLOSE be worth now?

12 MITRE CLOSE might now be worth an estimated £332,422.

This is based on house price inflation of 4.7%, between February 2024 and April 2026, 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 4.7% inflationary increase is applied to the most recent sale price for 12 MITRE CLOSE of £317,500 on 16th February 2024. For the value to have increased from £317,500 to £332,422 over the one year and ten months to April 2026, the following assumptions must hold true:

• The value of 12 MITRE CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2024 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MITRE CLOSE has not materially changed since February 2024.

Where is 12 MITRE CLOSE?

12 MITRE CLOSE is located in WOOLPIT, in the IP30 postcode district.