COVERACK, CHAPEL LANE, BROCKLEY, BURY ST EDMUNDS, IP29 4AS - £400,000

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

COVERACK is a large extended detached house of 193m², built sometime between 1967 and 1975. It was last sold for £400,000 in July 2020, which was around 3% above the average July 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

COVERACK Sold Prices

Land registry data shows two sales for COVERACK 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 COVERACK 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
2020 30 JUL	£400,000	£388,321	3% above HPI
1997 29 MAY	£119,000	£83,690	42% above HPI

COVERACK 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 COVERACK sales from May 1997 and July 2020 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 May 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is COVERACK?

COVERACK is 193m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Brockley, based on EPC data. The below chart shows the distribution of detached houses by size in Brockley, and where COVERACK lies on this distribution: 79% of detached houses are smaller than COVERACK, and 21% of houses are larger. Note that EPC data is not available for all properties in Brockley.

COVERACK: Plot and Title Map

COVERACK sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of COVERACK, 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 COVERACK). 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 COVERACK?

COVERACK is located on CHAPEL LANE in BROCKLEY, in the IP29 postcode district. The below map shows the position of COVERACK on CHAPEL LANE.