3, CHESTNUT CLOSE, BARTON MILLS, BURY ST EDMUNDS, IP28 6AF - £429,000

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.

3 CHESTNUT CLOSE is a very large detached house of 172m², built sometime between 1996 and 2002, which could now be worth an estimated £490,141. It was last sold for £429,000 in October 2019, which was around 9% above the average October 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 3 CHESTNUT 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 West Suffolk local authority area for the corresponding sale date. Both of the two 3 CHESTNUT 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
2019 9 OCT	£429,000	£392,765	9% above HPI
2002 14 MAY	£205,000	£173,596	18% above HPI

3 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 3 CHESTNUT CLOSE sales from May 2002 and October 2019 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 May 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 CHESTNUT CLOSE be worth now?

3 CHESTNUT CLOSE might now be worth an estimated £490,141.

This is based on house price inflation of 14.3%, between October 2019 and March 2025, for detached 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 14.3% inflationary increase is applied to the most recent sale price for 3 CHESTNUT CLOSE of £429,000 on 9th October 2019. For the value to have increased from £429,000 to £490,141 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of 3 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2019 sale price of £429,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHESTNUT CLOSE has not materially changed since October 2019.

How Large is 3 CHESTNUT CLOSE?

3 CHESTNUT CLOSE is 172m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Barton Mills, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barton Mills, and where 3 CHESTNUT CLOSE lies on this distribution: 80% of detached houses houses are smaller than 3 CHESTNUT CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Barton Mills.

3 CHESTNUT CLOSE: Plot and Title Map

3 CHESTNUT CLOSE sits on a plot of roughly 0.208 of an acre, or 841m². The below map shows the location of 3 CHESTNUT 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 3 CHESTNUT 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 3 CHESTNUT CLOSE?

3 CHESTNUT CLOSE is located in BARTON MILLS, in the IP28 postcode district. The below map shows the position of No. 3 on CHESTNUT CLOSE.