FAIROAKS, LIVERMERE ROAD, GREAT BARTON, BURY ST EDMUNDS, IP31 2SB - £700,000

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

FAIROAKS is a very large extended detached house of 227m², built sometime between 1950 and 1966. It was last sold for £700,000 in September 2016, which was around 97% above the average September 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was D.

FAIROAKS Sold Prices

Land registry data shows two sales for FAIROAKS 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 FAIROAKS 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
2016 9 SEP	£700,000	£355,000	97% above HPI
1998 2 NOV	£198,500	£104,211	90% above HPI

FAIROAKS 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 FAIROAKS sales from November 1998 and September 2016 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 1998 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the September 2016 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is FAIROAKS?

FAIROAKS is 227m², which includes four extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Great Barton, based on EPC data. The below chart shows the distribution of detached houses by size in Great Barton, and where FAIROAKS lies on this distribution: 82% of detached houses are smaller than FAIROAKS, and 18% of houses are larger. Note that EPC data is not available for all properties in Great Barton.

FAIROAKS: Plot and Title Map

FAIROAKS sits on a plot of roughly 0.504 of an acre, or 2,039m². The below map shows the location of FAIROAKS, 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 FAIROAKS). 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 FAIROAKS?

FAIROAKS is located on LIVERMERE ROAD in GREAT BARTON, in the IP31 postcode district. The below map shows the position of FAIROAKS on LIVERMERE ROAD.