3, HEATH CLOSE, HESSETT, BURY ST EDMUNDS, IP30 9BL - £207,500

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.

3 HEATH CLOSE is a very small semi-detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £334,410. It was last sold for £207,500 in January 2014, which was around 18% above the average January 2014 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

3 HEATH CLOSE Sold Prices

Land registry data shows two sales for 3 HEATH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 3 HEATH 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
2014 15 JAN	£207,500	£176,553	18% above HPI
2002 7 MAY	£132,000	£104,834	26% above HPI

3 HEATH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 3 HEATH CLOSE sales from May 2002 and January 2014 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 3 HEATH CLOSE be worth now?

3 HEATH CLOSE might now be worth an estimated £334,410.

This is based on house price inflation of 61.2%, between January 2014 and February 2025, for semi-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 61.2% inflationary increase is applied to the most recent sale price for 3 HEATH CLOSE of £207,500 on 15th January 2014. For the value to have increased from £207,500 to £334,410 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 HEATH CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The January 2014 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HEATH CLOSE has not materially changed since January 2014.

How Large is 3 HEATH CLOSE?

3 HEATH CLOSE is 55m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of semi-detached houses houses in Hessett, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hessett, and where 3 HEATH CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 3 HEATH CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hessett.

3 HEATH CLOSE: Plot and Title Map

3 HEATH CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 3 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 3 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 3 HEATH CLOSE?

3 HEATH CLOSE is located in HESSETT, in the IP30 postcode district. The below map shows the position of No. 3 on HEATH CLOSE.