43, CHALK LANE, IXWORTH, BURY ST EDMUNDS, IP31 2JQ - £340,000

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

43 CHALK LANE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £340,000 in February 2022, which was around 22% below the average February 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

43 CHALK LANE Sold Prices

Land registry data shows six sales for 43 CHALK 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 West Suffolk local authority area for the corresponding sale date. All of the six 43 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
2022 16 FEB	£340,000	£438,251	22% below HPI
2018 30 JAN	£315,000	£377,973	17% below HPI
2015 30 NOV	£270,000	£324,292	17% below HPI
2006 12 MAY	£199,995	£243,190	18% below HPI
2003 22 AUG	£173,000	£215,657	20% below HPI
1999 2 JUL	£86,250	£108,715	21% below HPI

43 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 six 43 CHALK LANE sales between July 1999 and February 2022 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 January 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 43 CHALK LANE?

43 CHALK LANE is 81m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Ixworth, and where 43 CHALK LANE lies on this distribution: 6% of detached houses are smaller than 43 CHALK LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ixworth.

43 CHALK LANE: Plot and Title Map

43 CHALK LANE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 43 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 43 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 43 CHALK LANE?

43 CHALK LANE is located in IXWORTH, in the IP31 postcode district. The below map shows the position of No. 43 on CHALK LANE.