BRIDGE HOUSE, THE STREET, NORTON, BURY ST EDMUNDS, IP31 3LY - £454,000

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

BRIDGE HOUSE is a very large detached house of 234m², built sometime between 1996 and 2002. It was last sold for £454,000 in February 2018, which was around 21% above the average February 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

BRIDGE HOUSE Sold Prices

Land registry data shows four sales for BRIDGE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four BRIDGE HOUSE 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
2018 9 FEB	£454,000	£374,050	21% above HPI
2014 5 AUG	£365,000	£290,279	26% above HPI
2006 5 APR	£290,000	£236,419	23% above HPI
2004 23 AUG	£265,000	£227,894	16% above HPI

BRIDGE HOUSE 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 four BRIDGE HOUSE sales between August 2004 and February 2018 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2018 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is BRIDGE HOUSE?

BRIDGE HOUSE is 234m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where BRIDGE HOUSE lies on this distribution: 91% of detached houses are smaller than BRIDGE HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Norton.

BRIDGE HOUSE: Plot and Title Map

BRIDGE HOUSE sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of BRIDGE HOUSE, 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 BRIDGE HOUSE). 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 BRIDGE HOUSE?

BRIDGE HOUSE is located on THE STREET in NORTON, in the IP31 postcode district. The below map shows the position of BRIDGE HOUSE on THE STREET.