7, MURIEL KING CLOSE, HESSETT, BURY ST EDMUNDS, IP30 9AP - £159,500

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.

7 MURIEL KING CLOSE is a very small detached house of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £279,156. It was last sold for £159,500 in March 2012, which was around 39% below the average March 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

7 MURIEL KING CLOSE Sold Prices

Land registry data shows three sales for 7 MURIEL KING 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 Mid Suffolk local authority area for the corresponding sale date. All of the three 7 MURIEL KING 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
2012 19 MAR	£159,500	£260,444	39% below HPI
2006 27 JAN	£155,000	£246,240	37% below HPI
2005 15 APR	£152,000	£230,009	34% below HPI

7 MURIEL KING 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 three 7 MURIEL KING CLOSE sales between April 2005 and March 2012 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 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2012 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 7 MURIEL KING CLOSE be worth now?

7 MURIEL KING CLOSE might now be worth an estimated £279,156.

This is based on house price inflation of 75%, between March 2012 and February 2025, 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 75% inflationary increase is applied to the most recent sale price for 7 MURIEL KING CLOSE of £159,500 on 19th March 2012. For the value to have increased from £159,500 to £279,156 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 7 MURIEL KING CLOSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2012 sale price of £159,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MURIEL KING CLOSE has not materially changed since March 2012.

How Large is 7 MURIEL KING CLOSE?

7 MURIEL KING CLOSE is 68m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses houses in Hessett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hessett, and where 7 MURIEL KING CLOSE lies on this distribution: 3% of detached houses houses are smaller than 7 MURIEL KING CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Hessett.

7 MURIEL KING CLOSE: Plot and Title Map

7 MURIEL KING CLOSE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 7 MURIEL KING 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 7 MURIEL KING 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 7 MURIEL KING CLOSE?

7 MURIEL KING CLOSE is located in HESSETT, in the IP30 postcode district. The below map shows the position of No. 7 on MURIEL KING CLOSE.