1, SOUTH STREET, RISBY, BURY ST EDMUNDS, IP28 6QU - £248,000

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 SOUTH STREET is a very small extended detached house of 89m², built sometime before 1900. It was last sold for £248,000 in October 2015, which was around 23% below the average October 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was G, and the potential energy rating was C.

1 SOUTH STREET Sold Prices

Land registry data shows five sales for 1 SOUTH STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Most of the five 1 SOUTH STREET 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
2015 19 OCT	£248,000	£323,624	23% below HPI
2010 1 OCT	£233,500	£265,314	12% below HPI
2006 27 SEP	£225,000	£257,555	13% below HPI
2001 22 NOV	£157,500	£148,864	6% above HPI
1996 26 NOV	£90,000	£84,415	7% above HPI

1 SOUTH STREET 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 five 1 SOUTH STREET sales between November 1996 and October 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 October 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 SOUTH STREET?

1 SOUTH STREET is 89m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Risby, based on EPC data. The below chart shows the distribution of detached houses by size in Risby, and where 1 SOUTH STREET lies on this distribution: 17% of detached houses are smaller than 1 SOUTH STREET, and 83% of houses are larger. Note that EPC data is not available for all properties in Risby.

1 SOUTH STREET: Plot and Title Map

1 SOUTH STREET sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 1 SOUTH STREET, 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 SOUTH STREET). 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 SOUTH STREET?

1 SOUTH STREET is located in RISBY, in the IP28 postcode district. The below map shows the position of No. 1 on SOUTH STREET.