CHESTNUT RISE, CROSSING ROAD, PALGRAVE, DISS, IP22 1AW - £387,000

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

CHESTNUT RISE is a large extended detached house of 170m², built sometime between 2003 and 2006, which could now be worth an estimated £469,126. It was last sold for £387,000 in March 2018, which was around 3% above the average March 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

CHESTNUT RISE Sold Prices

Land registry data shows three sales for CHESTNUT RISE 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. Two of the three CHESTNUT RISE sales were for above the average price, whilst one was 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
2018 21 MAR	£387,000	£376,029	3% above HPI
2006 23 JUN	£320,000	£247,855	29% above HPI
2004 21 DEC	£150,000	£231,042	35% below HPI

CHESTNUT RISE 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 CHESTNUT RISE sales between December 2004 and March 2018 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 2006 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might CHESTNUT RISE be worth now?

CHESTNUT RISE might now be worth an estimated £469,126.

This is based on house price inflation of 21.2%, between March 2018 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 21.2% inflationary increase is applied to the most recent sale price for CHESTNUT RISE of £387,000 on 21st March 2018. For the value to have increased from £387,000 to £469,126 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of CHESTNUT RISE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2018 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUT RISE has not materially changed since March 2018.

How Large is CHESTNUT RISE?

CHESTNUT RISE is 170m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Palgrave, and where CHESTNUT RISE lies on this distribution: 65% of detached houses houses are smaller than CHESTNUT RISE, and 34% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

CHESTNUT RISE: Plot and Title Map

CHESTNUT RISE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of CHESTNUT RISE, 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 CHESTNUT RISE). 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 CHESTNUT RISE?

CHESTNUT RISE is located on CROSSING ROAD in PALGRAVE, in the IP22 postcode district. The below map shows the position of CHESTNUT RISE on CROSSING ROAD.