42, MICHAELHOUSE WAY, STANTON, BURY ST EDMUNDS, IP31 2XG - £192,500

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

42 MICHAELHOUSE WAY is a midsized detached house of 101m², built sometime between 1996 and 2002. It was last sold for £192,500 in January 2013, which was around 28% below the average January 2013 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

42 MICHAELHOUSE WAY Sold Prices

Land registry data shows two sales for 42 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 42 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
2013 25 JAN	£192,500	£266,020	28% below HPI
2003 16 MAY	£192,500	£199,608	4% below HPI

42 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 42 MICHAELHOUSE WAY sales from May 2003 and January 2013 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 May 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2013 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 42 MICHAELHOUSE WAY?

42 MICHAELHOUSE WAY is 101m² according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses in Stanton, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton, and where 42 MICHAELHOUSE WAY lies on this distribution: 56% of detached houses are smaller than 42 MICHAELHOUSE WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Stanton.

42 MICHAELHOUSE WAY: Plot and Title Map

42 MICHAELHOUSE WAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 42 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 42 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 42 MICHAELHOUSE WAY?

42 MICHAELHOUSE WAY is located in STANTON, in the IP31 postcode district. The below map shows the position of No. 42 on MICHAELHOUSE WAY.