22, ELIZABETH DRIVE, CHEDBURGH, BURY ST EDMUNDS, IP29 4XB - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 ELIZABETH DRIVE is a midsized detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £402,047. It was last sold for £345,000 in October 2018, which was around 11% below the average October 2018 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

22 ELIZABETH DRIVE Sold Prices

Land registry data shows two sales for 22 ELIZABETH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 22 ELIZABETH DRIVE 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
2018 19 OCT	£345,000	£386,593	11% below HPI
2000 7 JAN	£114,000	£119,967	5% below HPI

22 ELIZABETH DRIVE 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 two 22 ELIZABETH DRIVE sales from January 2000 and October 2018 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 January 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 22 ELIZABETH DRIVE be worth now?

22 ELIZABETH DRIVE might now be worth an estimated £402,047.

This is based on house price inflation of 16.5%, between October 2018 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 22 ELIZABETH DRIVE of £345,000 on 19th October 2018. For the value to have increased from £345,000 to £402,047 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 ELIZABETH DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ELIZABETH DRIVE has not materially changed since October 2018.

How Large is 22 ELIZABETH DRIVE?

22 ELIZABETH DRIVE is 109m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses houses in Chedburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedburgh, and where 22 ELIZABETH DRIVE lies on this distribution: 53% of detached houses houses are smaller than 22 ELIZABETH DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chedburgh.

22 ELIZABETH DRIVE: Plot and Title Map

22 ELIZABETH DRIVE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 22 ELIZABETH DRIVE, 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 22 ELIZABETH DRIVE). 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 22 ELIZABETH DRIVE?

22 ELIZABETH DRIVE is located in CHEDBURGH, in the IP29 postcode district. The below map shows the position of No. 22 on ELIZABETH DRIVE.