CHESTNUTS, THE GREEN, RISBY, BURY ST EDMUNDS, IP28 6QR - £625,000

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.

CHESTNUTS is a detached house, which could now be worth an estimated £635,510. It was last sold for £625,000 in May 2022, which was around 40% above the average May 2022 detached price in the West Suffolk local authority area.

CHESTNUTS Sold Prices

Land registry data shows two sales for CHESTNUTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two CHESTNUTS 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
2022 23 MAY	£625,000	£446,543	40% above HPI
2014 14 JAN	£375,000	£278,143	35% above HPI

What might CHESTNUTS be worth now?

CHESTNUTS might now be worth an estimated £635,510.

This is based on house price inflation of 1.7%, between May 2022 and May 2026, for detached 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 1.7% inflationary increase is applied to the most recent sale price for CHESTNUTS of £625,000 on 23rd May 2022. For the value to have increased from £625,000 to £635,510 over the four years to May 2026, the following assumptions must hold true:

• The value of CHESTNUTS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUTS has not materially changed since May 2022.

Where is CHESTNUTS?

CHESTNUTS is located on THE GREEN in RISBY, in the IP28 postcode district.