3, HOLLY TREE CLOSE, LEISTON, IP16 4GY - £355,000

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 HOLLY TREE CLOSE is a midsized detached house of 104m², built sometime between 2003 and 2006, which could now be worth an estimated £442,822. It was last sold for £355,000 in May 2019, which was around 4% above the average May 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

3 HOLLY TREE CLOSE Sold Prices

Land registry data shows two sales for 3 HOLLY TREE 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 East Suffolk local authority area for the corresponding sale date. Both of the two 3 HOLLY TREE 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 17 MAY	£355,000	£340,054	4% above HPI
2005 20 JAN	£225,000	£222,590	1% above HPI

3 HOLLY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 3 HOLLY TREE CLOSE sales from January 2005 and May 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 January 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 HOLLY TREE CLOSE be worth now?

3 HOLLY TREE CLOSE might now be worth an estimated £442,822.

This is based on house price inflation of 24.7%, between May 2019 and March 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 3 HOLLY TREE CLOSE of £355,000 on 17th May 2019. For the value to have increased from £355,000 to £442,822 over the six years and two months to March 2025, the following assumptions must hold true:

• The value of 3 HOLLY TREE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2019 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOLLY TREE CLOSE has not materially changed since May 2019.

How Large is 3 HOLLY TREE CLOSE?

3 HOLLY TREE CLOSE is 104m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses houses in Leiston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leiston, and where 3 HOLLY TREE CLOSE lies on this distribution: 40% of detached houses houses are smaller than 3 HOLLY TREE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Leiston.

3 HOLLY TREE CLOSE: Plot and Title Map

3 HOLLY TREE CLOSE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 3 HOLLY TREE 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 HOLLY TREE 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 HOLLY TREE CLOSE?

3 HOLLY TREE CLOSE is located in LEISTON, in the IP16 postcode district. The below map shows the position of No. 3 on HOLLY TREE CLOSE.