46, MICHAELHOUSE WAY, STANTON, BURY ST EDMUNDS, IP31 2XG - £150,000

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

46 MICHAELHOUSE WAY is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £150,000 in August 2013, which was around 45% below the average August 2013 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was B.

46 MICHAELHOUSE WAY Sold Prices

Land registry data shows three sales for 46 MICHAELHOUSE WAY 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 46 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 23 AUG	£150,000	£272,415	45% below HPI
2002 22 NOV	£160,000	£194,375	18% below HPI
1996 19 JUL	£59,950	£82,265	27% below HPI

46 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 three 46 MICHAELHOUSE WAY sales between July 1996 and August 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 November 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2013 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 46 MICHAELHOUSE WAY?

46 MICHAELHOUSE WAY is 62m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Stanton, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton, and where 46 MICHAELHOUSE WAY lies on this distribution: 9% of detached houses are smaller than 46 MICHAELHOUSE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Stanton.

46 MICHAELHOUSE WAY: Plot and Title Map

46 MICHAELHOUSE WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 46 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 46 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 46 MICHAELHOUSE WAY?

46 MICHAELHOUSE WAY is located in STANTON, in the IP31 postcode district. The below map shows the position of No. 46 on MICHAELHOUSE WAY.