CIRRUS, MILL ROAD, CHEVINGTON, BURY ST EDMUNDS, IP29 5QP - £210,000

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.

CIRRUS is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £361,965. It was last sold for £210,000 in November 2011, which was around 20% below the average November 2011 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

CIRRUS Sold Prices

Land registry data shows two sales for CIRRUS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two CIRRUS 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
2011 14 NOV	£210,000	£261,375	20% below HPI
2006 5 DEC	£226,000	£266,988	15% below HPI

CIRRUS 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 two CIRRUS sales from December 2006 and November 2011 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 December 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might CIRRUS be worth now?

CIRRUS might now be worth an estimated £361,965.

This is based on house price inflation of 72.4%, between November 2011 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 72.4% inflationary increase is applied to the most recent sale price for CIRRUS of £210,000 on 14th November 2011. For the value to have increased from £210,000 to £361,965 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of CIRRUS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The November 2011 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of CIRRUS has not materially changed since November 2011.

How Large is CIRRUS?

CIRRUS is 70m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses houses in Chevington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chevington, and where CIRRUS lies on this distribution: Less than 1% of detached houses houses are smaller than CIRRUS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chevington.

CIRRUS: Plot and Title Map

CIRRUS sits on a plot of roughly 0.247 of an acre, or 998m². The below map shows the location of CIRRUS, 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 CIRRUS). 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 CIRRUS?

CIRRUS is located on MILL ROAD in CHEVINGTON, in the IP29 postcode district. The below map shows the position of CIRRUS on MILL ROAD.