BUTTERFLY BARN, GISLINGHAM ROAD, FINNINGHAM, STOWMARKET, IP14 4JA - £640,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BUTTERFLY BARN is a very small detached house of 125m², built sometime between 2003 and 2006. It was last sold for £640,000 in June 2024, which was around 51% above the average June 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

BUTTERFLY BARN Sold Prices

Land registry data shows three sales for BUTTERFLY BARN 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. Two of the three BUTTERFLY BARN 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
2024 21 JUN	£640,000	£422,670	51% above HPI
2015 13 NOV	£400,000	£322,215	24% above HPI
1999 11 JUN	£63,000	£105,761	40% below HPI

BUTTERFLY BARN 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 BUTTERFLY BARN sales between June 1999 and June 2024 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 November 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2024 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is BUTTERFLY BARN?

BUTTERFLY BARN is 125m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses by size in Finningham, and where BUTTERFLY BARN lies on this distribution: 15% of detached houses are smaller than BUTTERFLY BARN, and 85% of houses are larger. Note that EPC data is not available for all properties in Finningham.

BUTTERFLY BARN: Plot and Title Map

BUTTERFLY BARN sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of BUTTERFLY BARN, 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 BUTTERFLY BARN). 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 BUTTERFLY BARN?

BUTTERFLY BARN is located on GISLINGHAM ROAD in FINNINGHAM, in the IP14 postcode district. The below map shows the position of BUTTERFLY BARN on GISLINGHAM ROAD.