3, PIKES MARSH, BURES, CO8 5AQ - £355,000

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 PIKES MARSH is a small detached house of 100m². It was last sold for £355,000 in October 2020, which was around 15% below the average October 2020 detached price in the Babergh local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

3 PIKES MARSH Sold Prices

Land registry data shows two sales for 3 PIKES MARSH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. One of the two 3 PIKES MARSH 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 9 OCT	£355,000	£418,141	15% below HPI
2014 30 JUN	£320,000	£306,513	4% above HPI

3 PIKES MARSH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 3 PIKES MARSH sales from June 2014 and October 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 June 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 PIKES MARSH?

3 PIKES MARSH is 100m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where 3 PIKES MARSH lies on this distribution: 31% of detached houses are smaller than 3 PIKES MARSH, and 69% of houses are larger. Note that EPC data is not available for all properties in Bures.

3 PIKES MARSH: Plot and Title Map

3 PIKES MARSH sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 3 PIKES MARSH, 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 PIKES MARSH). 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 PIKES MARSH?

3 PIKES MARSH is located in BURES, in the CO8 postcode district. The below map shows the position of No. 3 on PIKES MARSH.