4, CHANCERY LANE, DEBENHAM, STOWMARKET, IP14 6RN - £320,000

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

4 CHANCERY LANE is a small extended detached house of 97m², built sometime before 1900. It was last sold for £320,000 in June 2021, which was around 17% below the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

4 CHANCERY LANE Sold Prices

Land registry data shows six sales for 4 CHANCERY LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the six 4 CHANCERY LANE 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
2021 11 JUN	£320,000	£385,084	17% below HPI
2017 1 DEC	£250,000	£370,856	33% below HPI
2011 11 APR	£227,500	£247,974	8% below HPI
2006 11 AUG	£200,000	£251,467	20% below HPI
2001 6 JUL	£80,000	£136,528	41% below HPI
1998 9 OCT	£50,000	£101,611	51% below HPI

4 CHANCERY LANE 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 six 4 CHANCERY LANE sales between October 1998 and June 2021 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 CHANCERY LANE?

4 CHANCERY LANE is 97m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 40% of detached houses in Debenham, based on EPC data. The below chart shows the distribution of detached houses by size in Debenham, and where 4 CHANCERY LANE lies on this distribution: 37% of detached houses are smaller than 4 CHANCERY LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Debenham.

4 CHANCERY LANE: Plot and Title Map

4 CHANCERY LANE sits on a plot of roughly 0.028 of an acre, or 111m². The below map shows the location of 4 CHANCERY LANE, 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 4 CHANCERY LANE). 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 4 CHANCERY LANE?

4 CHANCERY LANE is located in DEBENHAM, in the IP14 postcode district. The below map shows the position of No. 4 on CHANCERY LANE.