1, THE GROVE, BECK ROW, BURY ST EDMUNDS, IP28 8DP - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 THE GROVE is a very large detached house of 154m², built in 2020. It was last sold for £425,000 in October 2022, which was around 9% below the average October 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was A.

1 THE GROVE Sold Prices

Land registry data shows three sales for 1 THE GROVE 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. Two of the three 1 THE GROVE sales were for below the average price, whilst one was 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
2022 26 OCT	£425,000	£467,310	9% below HPI
2017 28 APR	£400,000	£360,040	11% above HPI
1995 4 APR	£57,000	£78,386	27% below HPI

1 THE GROVE 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 1 THE GROVE sales between April 1995 and October 2022 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 April 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 THE GROVE?

1 THE GROVE is 154m² according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 1 THE GROVE lies on this distribution: 91% of detached houses are smaller than 1 THE GROVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

1 THE GROVE: Plot and Title Map

1 THE GROVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 THE GROVE, 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 THE GROVE). 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 THE GROVE?

1 THE GROVE is located in BECK ROW, in the IP28 postcode district. The below map shows the position of No. 1 on THE GROVE.