3, DERBY PLACE, GREAT BARTON, BURY ST EDMUNDS, IP31 2TE - £620,000

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.

3 DERBY PLACE is a midsized extended detached house of 168m², built sometime between 1967 and 1975, which could now be worth an estimated £728,874. It was last sold for £620,000 in April 2020, which was around 62% above the average April 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

3 DERBY PLACE Sold Prices

Land registry data shows four sales for 3 DERBY PLACE 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 3 DERBY PLACE sales were for above 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 2 APR	£620,000	£383,222	62% above HPI
2011 11 OCT	£420,000	£265,866	58% above HPI
2005 20 APR	£375,000	£228,661	64% above HPI
2000 29 AUG	£195,000	£134,562	45% above HPI

3 DERBY PLACE 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 3 DERBY PLACE sales between August 2000 and April 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 October 2011 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the April 2020 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 3 DERBY PLACE be worth now?

3 DERBY PLACE might now be worth an estimated £728,874.

This is based on house price inflation of 17.6%, between April 2020 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 17.6% inflationary increase is applied to the most recent sale price for 3 DERBY PLACE of £620,000 on 2nd April 2020. For the value to have increased from £620,000 to £728,874 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 3 DERBY PLACE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The April 2020 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DERBY PLACE has not materially changed since April 2020.

How Large is 3 DERBY PLACE?

3 DERBY PLACE is 168m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in Great Barton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Barton, and where 3 DERBY PLACE lies on this distribution: 58% of detached houses houses are smaller than 3 DERBY PLACE, and 42% of houses are larger. Note that EPC data is not available for all properties in Great Barton.

3 DERBY PLACE: Plot and Title Map

3 DERBY PLACE sits on a plot of roughly 0.494 of an acre, or 1,998m². The below map shows the location of 3 DERBY PLACE, 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 3 DERBY PLACE). 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 3 DERBY PLACE?

3 DERBY PLACE is located in GREAT BARTON, in the IP31 postcode district. The below map shows the position of No. 3 on DERBY PLACE.