3, LOWER BROOM ROAD, WOOLPIT, BURY ST EDMUNDS, IP30 9UU - £319,000

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 LOWER BROOM ROAD is a detached house, which could now be worth an estimated £395,281. It was last sold for £319,000 in February 2017, which was around 11% below the average February 2017 detached price in the Mid Suffolk local authority area.

3 LOWER BROOM ROAD Sold Prices

Land registry data shows two sales for 3 LOWER BROOM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 3 LOWER BROOM ROAD sales were for below 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 8 FEB	£319,000	£359,139	11% below HPI
2011 12 AUG	£242,500	£259,992	7% below HPI

What might 3 LOWER BROOM ROAD be worth now?

3 LOWER BROOM ROAD might now be worth an estimated £395,281.

This is based on house price inflation of 23.9%, between February 2017 and May 2026, for 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 23.9% inflationary increase is applied to the most recent sale price for 3 LOWER BROOM ROAD of £319,000 on 8th February 2017. For the value to have increased from £319,000 to £395,281 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 LOWER BROOM ROAD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2017 sale price of £319,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOWER BROOM ROAD has not materially changed since February 2017.

Where is 3 LOWER BROOM ROAD?

3 LOWER BROOM ROAD is located in WOOLPIT, in the IP30 postcode district.