1, PATES CORNER, LAWSHALL, BURY ST EDMUNDS, IP29 4NZ - £230,000

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

1 PATES CORNER is a midsized detached house of 107m², built sometime between 1991 and 1995. It was last sold for £230,000 in December 2009, which was around 14% below the average December 2009 detached price in the Babergh local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

1 PATES CORNER Sold Prices

Land registry data shows three sales for 1 PATES CORNER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 1 PATES CORNER sales were for below 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
2009 21 DEC	£230,000	£266,477	14% below HPI
2004 14 OCT	£219,000	£250,453	13% below HPI
1998 11 DEC	£100,000	£101,847	2% below HPI

1 PATES CORNER Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 1 PATES CORNER sales between December 1998 and December 2009 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2009 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 PATES CORNER?

1 PATES CORNER is 107m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses in Lawshall, based on EPC data. The below chart shows the distribution of detached houses by size in Lawshall, and where 1 PATES CORNER lies on this distribution: 48% of detached houses are smaller than 1 PATES CORNER, and 53% of houses are larger. Note that EPC data is not available for all properties in Lawshall.

1 PATES CORNER: Plot and Title Map

1 PATES CORNER sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 1 PATES CORNER, 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 1 PATES CORNER). 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 1 PATES CORNER?

1 PATES CORNER is located in LAWSHALL, in the IP29 postcode district. The below map shows the position of No. 1 on PATES CORNER.