CORNERS, MILL LANE, WOOLPIT, BURY ST. EDMUNDS, IP30 9QX - £215,000

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.

CORNERS is a very small detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £454,917. It was last sold for £215,000 in January 2004, which was about the average January 2004 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

CORNERS Sold Prices

Land registry data shows three sales for CORNERS 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. The three CORNERS sales were a mix of roughly equal to the average price, above the average price, and 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
2004 27 JAN	£215,000	£215,430	Close to HPI
1999 21 JUL	£106,000	£107,037	1% below HPI
1996 5 JAN	£79,950	£78,178	2% above HPI

CORNERS 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 CORNERS sales between January 1996 and January 2004 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 July 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2004 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might CORNERS be worth now?

CORNERS might now be worth an estimated £454,917.

This is based on house price inflation of 111.6%, between January 2004 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 111.6% inflationary increase is applied to the most recent sale price for CORNERS of £215,000 on 27th January 2004. For the value to have increased from £215,000 to £454,917 over the twenty years and eleven months to February 2025, the following assumptions must hold true:

• The value of CORNERS has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2004 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of CORNERS has not materially changed since January 2004.

How Large is CORNERS?

CORNERS is 93m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolpit, and where CORNERS lies on this distribution: 18% of detached houses houses are smaller than CORNERS, and 81% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

CORNERS: Plot and Title Map

CORNERS sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of CORNERS, 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 CORNERS). 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 CORNERS?

CORNERS is located on MILL LANE in WOOLPIT, in the IP30 postcode district. The below map shows the position of CORNERS on MILL LANE.