BARN LODGE, SCHOOL ROAD, THURSTON, BURY ST. EDMUNDS, IP31 3SY - £395,000

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

BARN LODGE is a very large extended detached house of 263m², built sometime before 1900. It was last sold for £395,000 in August 2007, which was around 47% above the average August 2007 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

BARN LODGE Sold Prices

Land registry data shows three sales for BARN LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three BARN LODGE 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 31 AUG	£395,000	£269,567	47% above HPI
1998 30 JAN	£172,500	£92,289	87% above HPI
1995 18 OCT	£150,000	£78,118	92% above HPI

BARN LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three BARN LODGE sales between October 1995 and August 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 January 1998 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the August 2007 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is BARN LODGE?

BARN LODGE is 263m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurston, and where BARN LODGE lies on this distribution: 98% of detached houses are smaller than BARN LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Thurston.

BARN LODGE: Plot and Title Map

BARN LODGE sits on a plot of roughly 0.292 of an acre, or 1,183m². The below map shows the location of BARN LODGE, 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 BARN LODGE). 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 BARN LODGE?

BARN LODGE is located on SCHOOL ROAD in THURSTON, in the IP31 postcode district. The below map shows the position of BARN LODGE on SCHOOL ROAD.