5, CHESTER PLACE, GREAT BARTON, BURY ST EDMUNDS, IP31 2TL - £525,000

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.

5 CHESTER PLACE is a midsized extended detached house of 155m², built sometime between 1967 and 1975, which could now be worth an estimated £645,176. It was last sold for £525,000 in June 2017, which was around 43% above the average June 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

5 CHESTER PLACE Sold Prices

Land registry data shows three sales for 5 CHESTER PLACE 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. All of the three 5 CHESTER PLACE 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
2017 30 JUN	£525,000	£366,600	43% above HPI
2012 20 JUN	£410,000	£265,541	54% above HPI
2006 24 APR	£355,000	£243,093	46% above HPI

5 CHESTER PLACE 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 5 CHESTER PLACE sales between April 2006 and June 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 2012 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the June 2017 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 5 CHESTER PLACE be worth now?

5 CHESTER PLACE might now be worth an estimated £645,176.

This is based on house price inflation of 22.9%, between June 2017 and February 2025, 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 22.9% inflationary increase is applied to the most recent sale price for 5 CHESTER PLACE of £525,000 on 30th June 2017. For the value to have increased from £525,000 to £645,176 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 5 CHESTER PLACE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2017 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHESTER PLACE has not materially changed since June 2017.

How Large is 5 CHESTER PLACE?

5 CHESTER PLACE is 155m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses houses in Great Barton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Barton, and where 5 CHESTER PLACE lies on this distribution: 52% of detached houses houses are smaller than 5 CHESTER PLACE, and 48% of houses are larger. Note that EPC data is not available for all properties in Great Barton.

5 CHESTER PLACE: Plot and Title Map

5 CHESTER PLACE sits on a plot of roughly 0.215 of an acre, or 872m². The below map shows the location of 5 CHESTER PLACE, 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 5 CHESTER PLACE). 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 5 CHESTER PLACE?

5 CHESTER PLACE is located in GREAT BARTON, in the IP31 postcode district. The below map shows the position of No. 5 on CHESTER PLACE.