ROSEMOUNT, SCHOOL CLOSE, NORTON, BURY ST EDMUNDS, IP31 3LZ - £307,000

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.

ROSEMOUNT is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £534,785. It was last sold for £307,000 in June 2010, which was around 17% above the average June 2010 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

ROSEMOUNT Sold Prices

Land registry data shows three sales for ROSEMOUNT 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 ROSEMOUNT 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
2010 18 JUN	£307,000	£261,673	17% above HPI
2007 28 FEB	£321,000	£262,713	22% above HPI
1998 4 MAR	£135,000	£96,496	40% above HPI

ROSEMOUNT 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 ROSEMOUNT sales between March 1998 and June 2010 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 February 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2010 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might ROSEMOUNT be worth now?

ROSEMOUNT might now be worth an estimated £534,785.

This is based on house price inflation of 74.2%, between June 2010 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 74.2% inflationary increase is applied to the most recent sale price for ROSEMOUNT of £307,000 on 18th June 2010. For the value to have increased from £307,000 to £534,785 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of ROSEMOUNT has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2010 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEMOUNT has not materially changed since June 2010.

How Large is ROSEMOUNT?

ROSEMOUNT is 71m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton, and where ROSEMOUNT lies on this distribution: 6% of detached houses houses are smaller than ROSEMOUNT, and 94% of houses are larger. Note that EPC data is not available for all properties in Norton.

ROSEMOUNT: Plot and Title Map

ROSEMOUNT sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of ROSEMOUNT, 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 ROSEMOUNT). 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 ROSEMOUNT?

ROSEMOUNT is located on SCHOOL CLOSE in NORTON, in the IP31 postcode district. The below map shows the position of ROSEMOUNT on SCHOOL CLOSE.