3, LARK CLOSE, WORLINGTON, BURY ST EDMUNDS, IP28 8SA - £296,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LARK CLOSE is a midsized extended detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £402,717. It was last sold for £296,000 in June 2016, which was around 13% below the average June 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

3 LARK CLOSE Sold Prices

Land registry data shows three sales for 3 LARK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. The three 3 LARK CLOSE sales were a mix of below the average price, and roughly equal to 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
2016 9 JUN	£296,000	£340,684	13% below HPI
2005 1 FEB	£175,000	£234,293	25% below HPI
1995 2 JUN	£79,500	£79,811	Close to HPI

3 LARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 3 LARK CLOSE sales between June 1995 and June 2016 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 February 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 LARK CLOSE be worth now?

3 LARK CLOSE might now be worth an estimated £402,717.

This is based on house price inflation of 36.1%, between June 2016 and December 2024, 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 36.1% inflationary increase is applied to the most recent sale price for 3 LARK CLOSE of £296,000 on 9th June 2016. For the value to have increased from £296,000 to £402,717 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 3 LARK CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2016 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LARK CLOSE has not materially changed since June 2016.

How Large is 3 LARK CLOSE?

3 LARK CLOSE is 157m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses houses in Worlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worlington, and where 3 LARK CLOSE lies on this distribution: 50% of detached houses houses are smaller than 3 LARK CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Worlington.

3 LARK CLOSE: Plot and Title Map

3 LARK CLOSE sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of 3 LARK 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 3 LARK 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 3 LARK CLOSE?

3 LARK CLOSE is located in WORLINGTON, in the IP28 postcode district. The below map shows the position of No. 3 on LARK CLOSE.