THE SALIX, HEATH ROAD, NORTON, BURY ST EDMUNDS, IP31 3LT - £325,000

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

THE SALIX is a large extended detached house of 174m², built sometime before 1900, which could now be worth an estimated £486,492. It was last sold for £325,000 in March 2015, which was around 7% above the average March 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

THE SALIX Sold Prices

Land registry data shows four sales for THE SALIX 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. All of the four THE SALIX 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
2015 6 MAR	£325,000	£304,514	7% above HPI
2003 6 MAY	£310,000	£202,881	53% above HPI
1998 23 OCT	£159,950	£104,004	54% above HPI
1995 22 NOV	£115,500	£78,142	48% above HPI

THE SALIX 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 SALIX sales between November 1995 and March 2015 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 May 2003 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might THE SALIX be worth now?

THE SALIX might now be worth an estimated £486,492.

This is based on house price inflation of 49.7%, between March 2015 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 49.7% inflationary increase is applied to the most recent sale price for THE SALIX of £325,000 on 6th March 2015. For the value to have increased from £325,000 to £486,492 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of THE SALIX has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THE SALIX has not materially changed since March 2015.

How Large is THE SALIX?

THE SALIX is 174m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% 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 THE SALIX lies on this distribution: 71% of detached houses houses are smaller than THE SALIX, and 29% of houses are larger. Note that EPC data is not available for all properties in Norton.

THE SALIX: Plot and Title Map

THE SALIX sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of THE SALIX, 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 SALIX). 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 SALIX?

THE SALIX is located on HEATH ROAD in NORTON, in the IP31 postcode district. The below map shows the position of THE SALIX on HEATH ROAD.