21, WHEATFIELDS, THURSTON, BURY ST EDMUNDS, IP31 3TE - £315,000

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

21 WHEATFIELDS is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £315,000 in March 2019, which was around 15% below the average March 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

21 WHEATFIELDS Sold Prices

Land registry data shows three sales for 21 WHEATFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 21 WHEATFIELDS 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 1 MAR	£315,000	£372,776	15% below HPI
2014 7 JUL	£240,000	£289,270	17% below HPI
1999 21 MAY	£90,000	£106,592	16% below HPI

21 WHEATFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 21 WHEATFIELDS sales between May 1999 and March 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 July 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 21 WHEATFIELDS?

21 WHEATFIELDS is 90m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurston, and where 21 WHEATFIELDS lies on this distribution: 26% of detached houses are smaller than 21 WHEATFIELDS, and 73% of houses are larger. Note that EPC data is not available for all properties in Thurston.

21 WHEATFIELDS: Plot and Title Map

21 WHEATFIELDS sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 21 WHEATFIELDS, 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 21 WHEATFIELDS). 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 21 WHEATFIELDS?

21 WHEATFIELDS is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 21 on WHEATFIELDS.