14, MICHAELHOUSE WAY, STANTON, BURY ST EDMUNDS, IP31 2XG - £234,000

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

14 MICHAELHOUSE WAY is a very small detached house of 52m², built sometime between 1976 and 1982. It was last sold for £234,000 in October 2019, which was around 40% below the average October 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

14 MICHAELHOUSE WAY Sold Prices

Land registry data shows four sales for 14 MICHAELHOUSE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 14 MICHAELHOUSE WAY 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
2019 25 OCT	£234,000	£387,743	40% below HPI
2005 25 FEB	£160,000	£231,298	31% below HPI
2003 27 FEB	£128,000	£195,603	35% below HPI
2000 18 AUG	£78,500	£132,842	41% below HPI

14 MICHAELHOUSE WAY 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 four 14 MICHAELHOUSE WAY sales between August 2000 and October 2019 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 February 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 14 MICHAELHOUSE WAY?

14 MICHAELHOUSE WAY is 52m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 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 14 MICHAELHOUSE WAY lies on this distribution: 5% of detached houses are smaller than 14 MICHAELHOUSE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Stanton.

14 MICHAELHOUSE WAY: Plot and Title Map

14 MICHAELHOUSE WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 14 MICHAELHOUSE WAY, 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 14 MICHAELHOUSE WAY). 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 14 MICHAELHOUSE WAY?

14 MICHAELHOUSE WAY is located in STANTON, in the IP31 postcode district. The below map shows the position of No. 14 on MICHAELHOUSE WAY.