6, SANDPIT LANE, THURSTON, BURY ST. EDMUNDS, IP31 3SD - £200,000

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 SANDPIT LANE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £200,000 in October 2008, which was around 23% below the average October 2008 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

6 SANDPIT LANE Sold Prices

Land registry data shows two sales for 6 SANDPIT LANE 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 6 SANDPIT 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
2008 31 OCT	£200,000	£260,871	23% below HPI
1999 13 JUL	£91,950	£104,574	12% below HPI

6 SANDPIT LANE 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 6 SANDPIT LANE sales from July 1999 and October 2008 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 July 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2008 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 6 SANDPIT LANE?

6 SANDPIT LANE is 78m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurston, and where 6 SANDPIT LANE lies on this distribution: 13% of detached houses are smaller than 6 SANDPIT LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Thurston.

6 SANDPIT LANE: Plot and Title Map

6 SANDPIT LANE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 6 SANDPIT 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 6 SANDPIT 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 6 SANDPIT LANE?

6 SANDPIT LANE is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 6 on SANDPIT LANE.