4, HAZEL DRIVE, HORRINGER, BURY ST EDMUNDS, IP29 5ST - £318,000

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.

4 HAZEL DRIVE is a small extended terraced house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £391,771. It was last sold for £318,000 in August 2017, which was around 70% above the average August 2017 terraced price in the West Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was A.

4 HAZEL DRIVE Sold Prices

Land registry data shows two sales for 4 HAZEL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. Both of the two 4 HAZEL DRIVE 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
2017 22 AUG	£318,000	£187,577	70% above HPI
2007 16 AUG	£210,050	£143,409	46% above HPI

4 HAZEL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The two 4 HAZEL DRIVE sales from August 2007 and August 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 August 2007 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2017 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 4 HAZEL DRIVE be worth now?

4 HAZEL DRIVE might now be worth an estimated £391,771.

This is based on house price inflation of 23.2%, between August 2017 and May 2026, for terraced 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 23.2% inflationary increase is applied to the most recent sale price for 4 HAZEL DRIVE of £318,000 on 22nd August 2017. For the value to have increased from £318,000 to £391,771 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 4 HAZEL DRIVE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The August 2017 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HAZEL DRIVE has not materially changed since August 2017.

How Large is 4 HAZEL DRIVE?

4 HAZEL DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of terraced houses houses in Horringer, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horringer, and where 4 HAZEL DRIVE lies on this distribution: 31% of terraced houses houses are smaller than 4 HAZEL DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Horringer.

4 HAZEL DRIVE: Plot and Title Map

4 HAZEL DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 HAZEL DRIVE, 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 4 HAZEL DRIVE). 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 4 HAZEL DRIVE?

4 HAZEL DRIVE is located in HORRINGER, in the IP29 postcode district. The below map shows the position of No. 4 on HAZEL DRIVE.