3, SPENCERS PIECE, RATTLESDEN, BURY ST EDMUNDS, IP30 0SA - £512,000

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 SPENCERS PIECE is a large detached house of 164m², built sometime between 2003 and 2006. It was last sold for £512,000 in December 2017, which was around 38% above the average December 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

3 SPENCERS PIECE Sold Prices

Land registry data shows three sales for 3 SPENCERS PIECE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 3 SPENCERS PIECE 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
2017 14 DEC	£512,000	£370,856	38% above HPI
2005 2 DEC	£399,995	£235,595	70% above HPI
2003 9 MAY	£270,000	£198,212	36% above HPI

3 SPENCERS PIECE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 3 SPENCERS PIECE sales between May 2003 and December 2017 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 December 2005 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the December 2017 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 3 SPENCERS PIECE?

3 SPENCERS PIECE is 164m² according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in Rattlesden, based on EPC data. The below chart shows the distribution of detached houses by size in Rattlesden, and where 3 SPENCERS PIECE lies on this distribution: 68% of detached houses are smaller than 3 SPENCERS PIECE, and 32% of houses are larger. Note that EPC data is not available for all properties in Rattlesden.

3 SPENCERS PIECE: Plot and Title Map

3 SPENCERS PIECE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 3 SPENCERS PIECE, 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 SPENCERS PIECE). 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 SPENCERS PIECE?

3 SPENCERS PIECE is located in RATTLESDEN, in the IP30 postcode district. The below map shows the position of No. 3 on SPENCERS PIECE.