FRESHFIELDS, LAMBS LANE, LAWSHALL, BURY ST EDMUNDS, IP29 4PE - £410,000

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

FRESHFIELDS is a midsized detached house of 101m², built sometime between 1983 and 1990. It was last sold for £410,000 in May 2021, which was around 3% below the average May 2021 detached price in the Babergh local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

FRESHFIELDS Sold Prices

Land registry data shows two sales for FRESHFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two FRESHFIELDS 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
2021 24 MAY	£410,000	£422,640	3% below HPI
2005 10 OCT	£197,500	£254,942	23% below HPI

FRESHFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two FRESHFIELDS sales from October 2005 and May 2021 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 October 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is FRESHFIELDS?

FRESHFIELDS is 101m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Lawshall, based on EPC data. The below chart shows the distribution of detached houses by size in Lawshall, and where FRESHFIELDS lies on this distribution: 43% of detached houses are smaller than FRESHFIELDS, and 58% of houses are larger. Note that EPC data is not available for all properties in Lawshall.

FRESHFIELDS: Plot and Title Map

FRESHFIELDS sits on a plot of roughly 0.326 of an acre, or 1,321m². The below map shows the location of FRESHFIELDS, 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 FRESHFIELDS). 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 FRESHFIELDS?

FRESHFIELDS is located on LAMBS LANE in LAWSHALL, in the IP29 postcode district. The below map shows the position of FRESHFIELDS on LAMBS LANE.