9, ORCHARD WAY, HORRINGER, BURY ST EDMUNDS, IP29 5SF - £445,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 ORCHARD WAY is a large detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £509,673. It was last sold for £445,000 in July 2020, which was around 13% above the average July 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

9 ORCHARD WAY Sold Prices

Land registry data shows three sales for 9 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three 9 ORCHARD WAY sales were for above the average price, whilst one 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
2020 24 JUL	£445,000	£393,350	13% above HPI
2014 7 AUG	£347,500	£304,207	14% above HPI
2000 20 JUN	£127,000	£127,950	1% below HPI

9 ORCHARD WAY 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 three 9 ORCHARD WAY sales between June 2000 and July 2020 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 August 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 9 ORCHARD WAY be worth now?

9 ORCHARD WAY might now be worth an estimated £509,673.

This is based on house price inflation of 14.5%, between July 2020 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 14.5% inflationary increase is applied to the most recent sale price for 9 ORCHARD WAY of £445,000 on 24th July 2020. For the value to have increased from £445,000 to £509,673 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 9 ORCHARD WAY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The July 2020 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ORCHARD WAY has not materially changed since July 2020.

How Large is 9 ORCHARD WAY?

9 ORCHARD WAY is 144m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horringer, and where 9 ORCHARD WAY lies on this distribution: 68% of detached houses houses are smaller than 9 ORCHARD WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Horringer.

9 ORCHARD WAY: Plot and Title Map

9 ORCHARD WAY sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 9 ORCHARD WAY, 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 9 ORCHARD WAY). 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 9 ORCHARD WAY?

9 ORCHARD WAY is located in HORRINGER, in the IP29 postcode district. The below map shows the position of No. 9 on ORCHARD WAY.