2, HEATH CLOSE, HESSETT, BURY ST EDMUNDS, IP30 9BL - £320,000

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.

2 HEATH CLOSE is a small extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £406,151. It was last sold for £320,000 in February 2017, which was around 11% below the average February 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

2 HEATH CLOSE Sold Prices

Land registry data shows two sales for 2 HEATH 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 2 HEATH 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
2017 27 FEB	£320,000	£359,139	11% below HPI
2001 7 SEP	£148,000	£151,559	2% below HPI

2 HEATH 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 2 HEATH CLOSE sales from September 2001 and February 2017 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 September 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 HEATH CLOSE be worth now?

2 HEATH CLOSE might now be worth an estimated £406,151.

This is based on house price inflation of 26.9%, between February 2017 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 26.9% inflationary increase is applied to the most recent sale price for 2 HEATH CLOSE of £320,000 on 27th February 2017. For the value to have increased from £320,000 to £406,151 over the eight years to February 2025, the following assumptions must hold true:

• The value of 2 HEATH CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2017 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEATH CLOSE has not materially changed since February 2017.

How Large is 2 HEATH CLOSE?

2 HEATH CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of detached houses houses in Hessett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hessett, and where 2 HEATH CLOSE lies on this distribution: 21% of detached houses houses are smaller than 2 HEATH CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hessett.

2 HEATH CLOSE: Plot and Title Map

2 HEATH CLOSE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 2 HEATH 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 2 HEATH 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 2 HEATH CLOSE?

2 HEATH CLOSE is located in HESSETT, in the IP30 postcode district. The below map shows the position of No. 2 on HEATH CLOSE.