8, GRANGE MILL, CHEVINGTON, BURY ST. EDMUNDS, IP29 5PQ - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 GRANGE MILL is a large detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £491,627. It was last sold for £285,000 in March 2007, which was around 9% above the average March 2007 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

8 GRANGE MILL Sold Prices

Land registry data shows two sales for 8 GRANGE MILL 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 8 GRANGE MILL sales were 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
2007 28 MAR	£285,000	£261,168	9% above HPI
1999 22 SEP	£139,950	£114,738	22% above HPI

8 GRANGE MILL 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 8 GRANGE MILL sales from September 1999 and March 2007 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 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2007 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 8 GRANGE MILL be worth now?

8 GRANGE MILL might now be worth an estimated £491,627.

This is based on house price inflation of 72.5%, between March 2007 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.5% inflationary increase is applied to the most recent sale price for 8 GRANGE MILL of £285,000 on 28th March 2007. For the value to have increased from £285,000 to £491,627 over the eighteen years and one month to February 2025, the following assumptions must hold true:

• The value of 8 GRANGE MILL has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The March 2007 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRANGE MILL has not materially changed since March 2007.

How Large is 8 GRANGE MILL?

8 GRANGE MILL is 128m² according to the EPC inspection conducted in January 2024. This puts it in the largest 40% of detached houses houses in Chevington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chevington, and where 8 GRANGE MILL lies on this distribution: 61% of detached houses houses are smaller than 8 GRANGE MILL, and 39% of houses are larger. Note that EPC data is not available for all properties in Chevington.

8 GRANGE MILL: Plot and Title Map

8 GRANGE MILL sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 8 GRANGE MILL, 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 8 GRANGE MILL). 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 8 GRANGE MILL?

8 GRANGE MILL is located in CHEVINGTON, in the IP29 postcode district. The below map shows the position of No. 8 on GRANGE MILL.