18, WHEATFIELDS, THURSTON, BURY ST EDMUNDS, IP31 3TE - £215,000

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.

18 WHEATFIELDS is a very small terraced house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £273,898. It was last sold for £215,000 in July 2016, which was around 22% above the average July 2016 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

18 WHEATFIELDS Sold Prices

Land registry data shows five sales for 18 WHEATFIELDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. All of the five 18 WHEATFIELDS 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
2016 1 JUL	£215,000	£176,154	22% above HPI
2009 24 APR	£150,000	£116,898	28% above HPI
2007 20 APR	£156,500	£146,763	7% above HPI
2002 22 FEB	£95,000	£77,614	22% above HPI
1996 3 JUL	£47,950	£38,331	25% above HPI

18 WHEATFIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Suffolk local authority area over time, sourced from the HPI. The five 18 WHEATFIELDS sales between July 1996 and July 2016 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 2009 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 18 WHEATFIELDS be worth now?

18 WHEATFIELDS might now be worth an estimated £273,898.

This is based on house price inflation of 27.4%, between July 2016 and June 2025, for terraced 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 27.4% inflationary increase is applied to the most recent sale price for 18 WHEATFIELDS of £215,000 on 1st July 2016. For the value to have increased from £215,000 to £273,898 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 18 WHEATFIELDS has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The July 2016 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WHEATFIELDS has not materially changed since July 2016.

How Large is 18 WHEATFIELDS?

18 WHEATFIELDS is 76m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of terraced houses houses in Thurston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thurston, and where 18 WHEATFIELDS lies on this distribution: 11% of terraced houses houses are smaller than 18 WHEATFIELDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Thurston.

18 WHEATFIELDS: Plot and Title Map

18 WHEATFIELDS sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 18 WHEATFIELDS, 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 18 WHEATFIELDS). 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 18 WHEATFIELDS?

18 WHEATFIELDS is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 18 on WHEATFIELDS.