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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ROSEMOUNT is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £307,000 in June 2010, which was around 20% 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	£255,650	20% above HPI
2007 28 FEB	£321,000	£256,666	25% above HPI
1998 4 MAR	£135,000	£94,275	43% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2010 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

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 in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where ROSEMOUNT lies on this distribution: 6% of detached 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.