3, HORNBEAM DRIVE, HORRINGER, BURY ST EDMUNDS, IP29 5SP - £385,000

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

3 HORNBEAM DRIVE is a midsized detached house of 117m², built sometime between 1950 and 1966. It was last sold for £385,000 in November 2020, which was around 4% below the average November 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was C.

3 HORNBEAM DRIVE Sold Prices

Land registry data shows two sales for 3 HORNBEAM 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. One of the two 3 HORNBEAM DRIVE sales was for below the average price, whilst the other was 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 5 NOV	£385,000	£401,632	4% below HPI
2001 27 SEP	£167,000	£148,539	12% above HPI

3 HORNBEAM 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 3 HORNBEAM DRIVE sales from September 2001 and November 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 September 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 HORNBEAM DRIVE?

3 HORNBEAM DRIVE is 117m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 50% of detached houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses by size in Horringer, and where 3 HORNBEAM DRIVE lies on this distribution: 44% of detached houses are smaller than 3 HORNBEAM DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Horringer.

3 HORNBEAM DRIVE: Plot and Title Map

3 HORNBEAM DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 HORNBEAM 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 3 HORNBEAM 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 3 HORNBEAM DRIVE?

3 HORNBEAM DRIVE is located in HORRINGER, in the IP29 postcode district. The below map shows the position of No. 3 on HORNBEAM DRIVE.