40, CHALK LANE, IXWORTH, BURY ST EDMUNDS, IP31 2JQ - £272,500

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

40 CHALK LANE is a large detached house of 130m², built sometime between 1983 and 1990. It was last sold for £272,500 in August 2014, which was around 9% below the average August 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

40 CHALK LANE Sold Prices

Land registry data shows three sales for 40 CHALK LANE 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 40 CHALK 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
2014 15 AUG	£272,500	£300,317	9% below HPI
2011 27 JUN	£223,000	£258,886	14% below HPI
2003 27 AUG	£187,500	£215,657	13% below HPI

40 CHALK LANE 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 40 CHALK LANE sales between August 2003 and August 2014 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 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 40 CHALK LANE?

40 CHALK LANE is 130m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Ixworth, and where 40 CHALK LANE lies on this distribution: 75% of detached houses are smaller than 40 CHALK LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ixworth.

40 CHALK LANE: Plot and Title Map

40 CHALK LANE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 40 CHALK 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 40 CHALK 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 40 CHALK LANE?

40 CHALK LANE is located in IXWORTH, in the IP31 postcode district. The below map shows the position of No. 40 on CHALK LANE.