FERNBANK, THEDWASTRE ROAD, THURSTON, BURY ST EDMUNDS, IP31 3QY - £780,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FERNBANK is a very large detached house of 239m², built sometime between 1996 and 2002, which could now be worth an estimated £893,506. It was last sold for £780,000 in September 2018, which was around 103% above the average September 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

FERNBANK Sold Prices

Land registry data shows two sales for FERNBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two FERNBANK sales was for above the average price, whilst the other 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
2018 14 SEP	£780,000	£385,127	103% above HPI
1998 3 APR	£57,500	£95,998	40% below HPI

FERNBANK 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 two FERNBANK sales from April 1998 and September 2018 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 April 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2018 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might FERNBANK be worth now?

FERNBANK might now be worth an estimated £893,506.

This is based on house price inflation of 14.6%, between September 2018 and December 2024, 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 14.6% inflationary increase is applied to the most recent sale price for FERNBANK of £780,000 on 14th September 2018. For the value to have increased from £780,000 to £893,506 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of FERNBANK has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2018 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of FERNBANK has not materially changed since September 2018.

How Large is FERNBANK?

FERNBANK is 239m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurston, and where FERNBANK lies on this distribution: 97% of detached houses houses are smaller than FERNBANK, and 3% of houses are larger. Note that EPC data is not available for all properties in Thurston.

FERNBANK: Plot and Title Map

FERNBANK sits on a plot of roughly 0.359 of an acre, or 1,453m². The below map shows the location of FERNBANK, 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 FERNBANK). 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 FERNBANK?

FERNBANK is located on THEDWASTRE ROAD in THURSTON, in the IP31 postcode district. The below map shows the position of FERNBANK on THEDWASTRE ROAD.