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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 CHALK LANE is a large detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £403,560. It was last sold for £272,500 in August 2014, which was around 10% 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	£304,207	10% below HPI
2011 27 JUN	£223,000	£262,238	15% below HPI
2003 27 AUG	£187,500	£218,449	14% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 40 CHALK LANE be worth now?

40 CHALK LANE might now be worth an estimated £403,560.

This is based on house price inflation of 48.1%, between August 2014 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.1% inflationary increase is applied to the most recent sale price for 40 CHALK LANE of £272,500 on 15th August 2014. For the value to have increased from £272,500 to £403,560 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 40 CHALK LANE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The August 2014 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 40 CHALK LANE has not materially changed since August 2014.

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 houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ixworth, and where 40 CHALK LANE lies on this distribution: 76% of detached houses houses are smaller than 40 CHALK LANE, and 24% 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.