7, ELIZABETH DRIVE, CHEDBURGH, BURY ST. EDMUNDS, IP29 4XA - £163,000

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

7 ELIZABETH DRIVE is a very small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £163,000 in June 2002, which was around 8% below the average June 2002 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was A.

7 ELIZABETH DRIVE Sold Prices

Land registry data shows two sales for 7 ELIZABETH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 7 ELIZABETH DRIVE 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
2002 24 JUN	£163,000	£178,050	8% below HPI
1997 16 APR	£74,000	£82,529	10% below HPI

7 ELIZABETH DRIVE 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 two 7 ELIZABETH DRIVE sales from April 1997 and June 2002 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 April 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2002 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 ELIZABETH DRIVE?

7 ELIZABETH DRIVE is 92m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Chedburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Chedburgh, and where 7 ELIZABETH DRIVE lies on this distribution: 18% of detached houses are smaller than 7 ELIZABETH DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Chedburgh.

7 ELIZABETH DRIVE: Plot and Title Map

7 ELIZABETH DRIVE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 7 ELIZABETH DRIVE, 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 7 ELIZABETH DRIVE). 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 7 ELIZABETH DRIVE?

7 ELIZABETH DRIVE is located in CHEDBURGH, in the IP29 postcode district. The below map shows the position of No. 7 on ELIZABETH DRIVE.