3, LAUREL CLOSE, THURSTON, BURY ST EDMUNDS, IP31 3NZ - £285,000

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 LAUREL CLOSE is a very small semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £295,516. It was last sold for £285,000 in November 2024, which was around 4% above the average November 2024 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

3 LAUREL CLOSE Sold Prices

Land registry data shows five sales for 3 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the five 3 LAUREL 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
2024 29 NOV	£285,000	£274,410	4% above HPI
2020 30 OCT	£227,000	£241,109	6% below HPI
2014 28 NOV	£205,000	£189,593	8% above HPI
2004 10 AUG	£152,500	£148,300	3% above HPI
1996 9 JAN	£55,000	£48,189	14% above HPI

3 LAUREL 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 five 3 LAUREL CLOSE sales between January 1996 and November 2024 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 October 2020 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 LAUREL CLOSE be worth now?

3 LAUREL CLOSE might now be worth an estimated £295,516.

This is based on house price inflation of 3.7%, between November 2024 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 3.7% inflationary increase is applied to the most recent sale price for 3 LAUREL CLOSE of £285,000 on 29th November 2024. For the value to have increased from £285,000 to £295,516 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 3 LAUREL CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The November 2024 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAUREL CLOSE has not materially changed since November 2024.

How Large is 3 LAUREL CLOSE?

3 LAUREL CLOSE is 69m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 10% 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 3 LAUREL CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 3 LAUREL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Thurston.

3 LAUREL CLOSE: Plot and Title Map

3 LAUREL CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 3 LAUREL 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 LAUREL 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 LAUREL CLOSE?

3 LAUREL CLOSE is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 3 on LAUREL CLOSE.