7, HORNBEAM DRIVE, HORRINGER, BURY ST EDMUNDS, IP29 5SP - £485,000

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 HORNBEAM DRIVE is a large detached house of 140m², built sometime between 1967 and 1975. It was last sold for £485,000 in January 2019, which was around 28% above the average January 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was D.

7 HORNBEAM DRIVE Sold Prices

Land registry data shows two sales for 7 HORNBEAM 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. One of the two 7 HORNBEAM DRIVE sales was for above the average price, whilst the other was 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
2019 11 JAN	£485,000	£378,968	28% above HPI
2007 28 MAR	£250,000	£257,829	3% below HPI

7 HORNBEAM 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 HORNBEAM DRIVE sales from March 2007 and January 2019 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 March 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2019 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 7 HORNBEAM DRIVE?

7 HORNBEAM DRIVE is 140m² according to the EPC inspection conducted in July 2018. This puts it in the largest 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 7 HORNBEAM DRIVE lies on this distribution: 62% of detached houses are smaller than 7 HORNBEAM DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Horringer.

7 HORNBEAM DRIVE: Plot and Title Map

7 HORNBEAM DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 7 HORNBEAM 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 HORNBEAM 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 HORNBEAM DRIVE?

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