8, SCOTT ROAD, IXWORTH, BURY ST EDMUNDS, IP31 2ER - £250,000

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

8 SCOTT ROAD is a very small extended detached house of 63m², built sometime between 1967 and 1975. It was last sold for £250,000 in April 2022, which was around 42% below the average April 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

8 SCOTT ROAD Sold Prices

Land registry data shows four sales for 8 SCOTT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 8 SCOTT ROAD 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
2022 8 APR	£250,000	£434,718	42% below HPI
2006 23 OCT	£195,000	£257,836	24% below HPI
2002 12 JUL	£119,500	£185,437	36% below HPI
1999 2 JUN	£67,000	£109,516	39% below HPI

8 SCOTT ROAD 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 four 8 SCOTT ROAD sales between June 1999 and April 2022 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 October 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 SCOTT ROAD?

8 SCOTT ROAD is 63m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Ixworth, and where 8 SCOTT ROAD lies on this distribution: 1% of detached houses are smaller than 8 SCOTT ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Ixworth.

8 SCOTT ROAD: Plot and Title Map

8 SCOTT ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 SCOTT ROAD, 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 SCOTT ROAD). 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 SCOTT ROAD?

8 SCOTT ROAD is located in IXWORTH, in the IP31 postcode district. The below map shows the position of No. 8 on SCOTT ROAD.