4, PHEASANT CLOSE, THURSTON, BURY ST EDMUNDS, IP31 3TR - £275,000

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

4 PHEASANT CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £324,699. It was last sold for £275,000 in November 2017, which was around 26% below the average November 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

4 PHEASANT CLOSE Sold Prices

Land registry data shows two sales for 4 PHEASANT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 4 PHEASANT CLOSE sales were for below 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
2017 27 NOV	£275,000	£373,645	26% below HPI
1997 19 JUN	£78,750	£85,696	8% below HPI

4 PHEASANT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 4 PHEASANT CLOSE sales from June 1997 and November 2017 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 June 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 PHEASANT CLOSE be worth now?

4 PHEASANT CLOSE might now be worth an estimated £324,699.

This is based on house price inflation of 18.1%, between November 2017 and December 2024, for 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 18.1% inflationary increase is applied to the most recent sale price for 4 PHEASANT CLOSE of £275,000 on 27th November 2017. For the value to have increased from £275,000 to £324,699 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 PHEASANT CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PHEASANT CLOSE has not materially changed since November 2017.

How Large is 4 PHEASANT CLOSE?

4 PHEASANT CLOSE is 77m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurston, and where 4 PHEASANT CLOSE lies on this distribution: 11% of detached houses houses are smaller than 4 PHEASANT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Thurston.

4 PHEASANT CLOSE: Plot and Title Map

4 PHEASANT CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 4 PHEASANT 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 PHEASANT 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 PHEASANT CLOSE?

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