6, ORCHARD WAY, HORRINGER, BURY ST EDMUNDS, IP29 5SF - £295,000

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

6 ORCHARD WAY is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £295,000 in October 2016, which was around 16% below the average October 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

6 ORCHARD WAY Sold Prices

Land registry data shows three sales for 6 ORCHARD 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. Two of the three 6 ORCHARD WAY sales were for below the average price, whilst one was for above 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
2016 24 OCT	£295,000	£350,859	16% below HPI
2004 19 NOV	£261,000	£236,562	10% above HPI
1995 20 SEP	£77,000	£80,984	5% below HPI

6 ORCHARD 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 6 ORCHARD WAY sales between September 1995 and October 2016 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 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 6 ORCHARD WAY?

6 ORCHARD WAY is 102m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses by size in Horringer, and where 6 ORCHARD WAY lies on this distribution: 36% of detached houses are smaller than 6 ORCHARD WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Horringer.

6 ORCHARD WAY: Plot and Title Map

6 ORCHARD WAY sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 6 ORCHARD 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 6 ORCHARD 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 6 ORCHARD WAY?

6 ORCHARD WAY is located in HORRINGER, in the IP29 postcode district. The below map shows the position of No. 6 on ORCHARD WAY.