4, LAUREL CLOSE, THURSTON, BURY ST EDMUNDS, IP31 3NZ - £177,000

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.

4 LAUREL CLOSE is a very small semi-detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £306,156. It was last sold for £177,000 in October 2011, which was around 8% above the average October 2011 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

4 LAUREL CLOSE Sold Prices

Land registry data shows four sales for 4 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 4 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
2011 21 OCT	£177,000	£164,500	8% above HPI
2007 12 JAN	£175,000	£168,292	4% above HPI
2003 15 JUL	£130,000	£124,924	4% above HPI
1995 20 DEC	£57,950	£48,429	20% above HPI

4 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 four 4 LAUREL CLOSE sales between December 1995 and October 2011 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 January 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2011 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 LAUREL CLOSE be worth now?

4 LAUREL CLOSE might now be worth an estimated £306,156.

This is based on house price inflation of 73%, between October 2011 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 73% inflationary increase is applied to the most recent sale price for 4 LAUREL CLOSE of £177,000 on 21st October 2011. For the value to have increased from £177,000 to £306,156 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 LAUREL CLOSE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The October 2011 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAUREL CLOSE has not materially changed since October 2011.

How Large is 4 LAUREL CLOSE?

4 LAUREL CLOSE is 68m² according to the EPC inspection conducted in May 2011. 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 4 LAUREL CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 4 LAUREL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Thurston.

4 LAUREL CLOSE: Plot and Title Map

4 LAUREL CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 4 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 4 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 4 LAUREL CLOSE?

4 LAUREL CLOSE is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 4 on LAUREL CLOSE.