36, MICHAELHOUSE WAY, STANTON, BURY ST. EDMUNDS, IP31 2XG - £148,000

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

36 MICHAELHOUSE WAY is a very small detached house of 49m², built sometime between 1996 and 2002. It was last sold for £148,000 in July 2006, which was around 40% below the average July 2006 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

36 MICHAELHOUSE WAY Sold Prices

Land registry data shows two sales for 36 MICHAELHOUSE WAY 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. Both of the two 36 MICHAELHOUSE WAY sales were for below 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
2006 14 JUL	£148,000	£245,011	40% below HPI
2005 30 SEP	£135,000	£245,916	45% below HPI

36 MICHAELHOUSE WAY 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 36 MICHAELHOUSE WAY sales from September 2005 and July 2006 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 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2006 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 36 MICHAELHOUSE WAY?

36 MICHAELHOUSE WAY is 49m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Stanton, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton, and where 36 MICHAELHOUSE WAY lies on this distribution: Less than 1% of detached houses are smaller than 36 MICHAELHOUSE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stanton.

36 MICHAELHOUSE WAY: Plot and Title Map

36 MICHAELHOUSE WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 36 MICHAELHOUSE WAY, 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 36 MICHAELHOUSE WAY). 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 36 MICHAELHOUSE WAY?

36 MICHAELHOUSE WAY is located in STANTON, in the IP31 postcode district. The below map shows the position of No. 36 on MICHAELHOUSE WAY.