MERRIFIELDS, DALE ROAD, STANTON, BURY ST EDMUNDS, IP31 2DY - £475,000

MERRIFIELDS is a very large extended detached house of 217m², built sometime between 1950 and 1966. It was last sold for £475,000 in July 2018, which was around 26% above the average July 2018 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

MERRIFIELDS Sold Prices

Land registry data shows three sales for MERRIFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three MERRIFIELDS 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
2018 17 JUL	£475,000	£377,862	26% above HPI
1997 3 OCT	£148,000	£94,419	57% above HPI
1995 7 APR	£105,000	£78,386	34% above HPI

MERRIFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three MERRIFIELDS sales between April 1995 and July 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 October 1997 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the July 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is MERRIFIELDS?

MERRIFIELDS is 217m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses in Stanton, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton, and where MERRIFIELDS lies on this distribution: 98% of detached houses are smaller than MERRIFIELDS, and 3% of houses are larger. Note that EPC data is not available for all properties in Stanton.

MERRIFIELDS: Plot and Title Map

MERRIFIELDS sits on a plot of roughly 0.533 of an acre, or 2,158m². The below map shows the location of MERRIFIELDS, 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 MERRIFIELDS). 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 MERRIFIELDS?

MERRIFIELDS is located on DALE ROAD in STANTON, in the IP31 postcode district. The below map shows the position of MERRIFIELDS on DALE ROAD.