5, ASHFIELD ROAD, NORTON, BURY ST EDMUNDS, IP31 3NJ - £305,000

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

5 ASHFIELD ROAD is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £305,000 in November 2020, which was around 22% below the average November 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

5 ASHFIELD ROAD Sold Prices

Land registry data shows two sales for 5 ASHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 5 ASHFIELD ROAD 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
2020 4 NOV	£305,000	£388,824	22% below HPI
2007 17 SEP	£194,500	£272,042	29% below HPI

5 ASHFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 5 ASHFIELD ROAD sales from September 2007 and November 2020 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 September 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 ASHFIELD ROAD?

5 ASHFIELD ROAD is 83m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where 5 ASHFIELD ROAD lies on this distribution: 18% of detached houses are smaller than 5 ASHFIELD ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Norton.

5 ASHFIELD ROAD: Plot and Title Map

5 ASHFIELD ROAD sits on a plot of roughly 0.256 of an acre, or 1,037m². The below map shows the location of 5 ASHFIELD ROAD, 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 5 ASHFIELD ROAD). 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 5 ASHFIELD ROAD?

5 ASHFIELD ROAD is located in NORTON, in the IP31 postcode district. The below map shows the position of No. 5 on ASHFIELD ROAD.