2, CHALK LANE, IXWORTH, BURY ST EDMUNDS, IP31 2JQ - £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

2 CHALK LANE is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £248,000 in June 2014, which was around 14% below the average June 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 CHALK LANE Sold Prices

Land registry data shows four sales for 2 CHALK LANE 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 2 CHALK LANE 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
2014 6 JUN	£248,000	£288,418	14% below HPI
2004 26 OCT	£212,000	£238,352	11% below HPI
2002 30 AUG	£172,500	£188,736	9% below HPI
1999 25 JUN	£98,500	£109,516	10% below HPI

2 CHALK LANE 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 2 CHALK LANE sales between June 1999 and June 2014 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 CHALK LANE?

2 CHALK LANE is 115m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Ixworth, and where 2 CHALK LANE lies on this distribution: 54% of detached houses are smaller than 2 CHALK LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ixworth.

2 CHALK LANE: Plot and Title Map

2 CHALK LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 2 CHALK LANE, 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 2 CHALK LANE). 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 2 CHALK LANE?

2 CHALK LANE is located in IXWORTH, in the IP31 postcode district. The below map shows the position of No. 2 on CHALK LANE.