15, GRANGE MILL, CHEVINGTON, BURY ST EDMUNDS, IP29 5PQ - £284,000

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

15 GRANGE MILL is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £284,000 in July 2020, which was around 27% below the average July 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

15 GRANGE MILL Sold Prices

Land registry data shows three sales for 15 GRANGE MILL 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 15 GRANGE MILL 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
2020 31 JUL	£284,000	£388,321	27% below HPI
2015 18 FEB	£220,000	£309,053	29% below HPI
2001 19 JAN	£121,500	£135,713	10% below HPI

15 GRANGE MILL 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 15 GRANGE MILL sales between January 2001 and July 2020 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 15 GRANGE MILL?

15 GRANGE MILL is 78m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Chevington, based on EPC data. The below chart shows the distribution of detached houses by size in Chevington, and where 15 GRANGE MILL lies on this distribution: 11% of detached houses are smaller than 15 GRANGE MILL, and 89% of houses are larger. Note that EPC data is not available for all properties in Chevington.

15 GRANGE MILL: Plot and Title Map

15 GRANGE MILL sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 15 GRANGE MILL, 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 15 GRANGE MILL). 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 15 GRANGE MILL?

15 GRANGE MILL is located in CHEVINGTON, in the IP29 postcode district. The below map shows the position of No. 15 on GRANGE MILL.