5, HEATH CLOSE, HESSETT, BURY ST. EDMUNDS, IP30 9BL - £115,000

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.

5 HEATH CLOSE is a very small semi-detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £417,558. It was last sold for £115,000 in May 2001, which was around 47% above the average May 2001 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

5 HEATH CLOSE Sold Prices

Land registry data shows two sales for 5 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 5 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
2001 23 MAY	£115,000	£78,364	47% above HPI
1996 29 MAR	£58,500	£49,934	17% above HPI

5 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 5 HEATH CLOSE sales from March 1996 and May 2001 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 March 1996 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2001 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 5 HEATH CLOSE be worth now?

5 HEATH CLOSE might now be worth an estimated £417,558.

This is based on house price inflation of 263.1%, between May 2001 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 263.1% inflationary increase is applied to the most recent sale price for 5 HEATH CLOSE of £115,000 on 23rd May 2001. For the value to have increased from £115,000 to £417,558 over the 24 years and three months to February 2025, the following assumptions must hold true:

• The value of 5 HEATH CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The May 2001 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEATH CLOSE has not materially changed since May 2001.

How Large is 5 HEATH CLOSE?

5 HEATH CLOSE is 91m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% 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 5 HEATH CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 5 HEATH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hessett.

5 HEATH CLOSE: Plot and Title Map

5 HEATH CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 5 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 5 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 5 HEATH CLOSE?

5 HEATH CLOSE is located in HESSETT, in the IP30 postcode district. The below map shows the position of No. 5 on HEATH CLOSE.