3, LODGE CLOSE, GREAT BARTON, BURY ST EDMUNDS, IP31 2SL - £420,000

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 LODGE CLOSE is a midsized extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £420,000 in February 2020, which was around 11% above the average February 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was E.

3 LODGE CLOSE Sold Prices

Land registry data shows three sales for 3 LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 3 LODGE CLOSE 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 21 FEB	£420,000	£379,287	11% above HPI
2012 23 FEB	£330,000	£261,467	26% above HPI
1996 22 OCT	£143,500	£84,871	69% above HPI

3 LODGE CLOSE 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 three 3 LODGE CLOSE sales between October 1996 and February 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 February 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 LODGE CLOSE?

3 LODGE CLOSE is 164m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Great Barton, based on EPC data. The below chart shows the distribution of detached houses by size in Great Barton, and where 3 LODGE CLOSE lies on this distribution: 57% of detached houses are smaller than 3 LODGE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Great Barton.

3 LODGE CLOSE: Plot and Title Map

3 LODGE CLOSE sits on a plot of roughly 0.381 of an acre, or 1,542m². The below map shows the location of 3 LODGE CLOSE, 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 LODGE CLOSE). 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 LODGE CLOSE?

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