12B, FURZE CLOSE, THURSTON, BURY ST EDMUNDS, IP31 3PR - £345,000

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.

12B FURZE CLOSE is a very large extended semi-detached house of 165m², built sometime between 1950 and 1966, which could now be worth an estimated £517,765. It was last sold for £345,000 in November 2014, which was around 82% above the average November 2014 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was A.

12B FURZE CLOSE Sold Prices

Land registry data shows six sales for 12B FURZE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the six 12B FURZE 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
2014 27 NOV	£345,000	£189,593	82% above HPI
2007 24 SEP	£237,500	£177,543	34% above HPI
2004 13 AUG	£174,950	£148,300	18% above HPI
1999 24 MAY	£86,750	£66,007	31% above HPI
1997 30 JUL	£76,500	£54,317	41% above HPI
1995 13 APR	£70,000	£49,591	41% above HPI

12B FURZE 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 six 12B FURZE CLOSE sales between April 1995 and November 2014 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 September 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2014 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might 12B FURZE CLOSE be worth now?

12B FURZE CLOSE might now be worth an estimated £517,765.

This is based on house price inflation of 50.1%, between November 2014 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 50.1% inflationary increase is applied to the most recent sale price for 12B FURZE CLOSE of £345,000 on 27th November 2014. For the value to have increased from £345,000 to £517,765 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 12B FURZE CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The November 2014 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 12B FURZE CLOSE has not materially changed since November 2014.

How Large is 12B FURZE CLOSE?

12B FURZE CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of semi-detached houses houses in Thurston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thurston, and where 12B FURZE CLOSE lies on this distribution: 86% of semi-detached houses houses are smaller than 12B FURZE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Thurston.

12B FURZE CLOSE: Plot and Title Map

12B FURZE CLOSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 12B FURZE 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 12B FURZE 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 12B FURZE CLOSE?

12B FURZE CLOSE is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 12B on FURZE CLOSE.