THE LAURELS, CROSSING ROAD, PALGRAVE, DISS, IP22 1AW - £380,000

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.

THE LAURELS is a small detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £454,897. It was last sold for £380,000 in October 2017, which was about the average October 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows four sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. The four THE LAURELS sales were a mix of roughly equal to the average price, and 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 5 OCT	£380,000	£380,777	Close to HPI
2013 22 FEB	£275,000	£259,107	6% above HPI
2001 6 SEP	£175,000	£151,559	15% above HPI
1999 24 SEP	£145,000	£113,063	28% above HPI

THE LAURELS 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 four THE LAURELS sales between September 1999 and October 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 February 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £454,897.

This is based on house price inflation of 19.7%, between October 2017 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 19.7% inflationary increase is applied to the most recent sale price for THE LAURELS of £380,000 on 5th October 2017. For the value to have increased from £380,000 to £454,897 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since October 2017.

How Large is THE LAURELS?

THE LAURELS is 124m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 THE LAURELS lies on this distribution: 31% of detached houses houses are smaller than THE LAURELS, and 67% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

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