GENESIS, DUKE STREET, STANTON, BURY ST EDMUNDS, IP31 2AB - £275,000

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

GENESIS is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £275,000 in March 2019, which was around 28% below the average March 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

GENESIS Sold Prices

Land registry data shows four sales for GENESIS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four GENESIS 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
2019 8 MAR	£275,000	£381,443	28% below HPI
2013 8 AUG	£212,000	£272,415	22% below HPI
2009 19 JUN	£200,000	£223,731	11% below HPI
1997 22 AUG	£68,500	£90,533	24% below HPI

GENESIS 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 four GENESIS sales between August 1997 and March 2019 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 August 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is GENESIS?

GENESIS is 77m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 30% of detached houses in Stanton, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton, and where GENESIS lies on this distribution: 28% of detached houses are smaller than GENESIS, and 73% of houses are larger. Note that EPC data is not available for all properties in Stanton.

GENESIS: Plot and Title Map

GENESIS sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of GENESIS, 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 GENESIS). 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 GENESIS?

GENESIS is located on DUKE STREET in STANTON, in the IP31 postcode district. The below map shows the position of GENESIS on DUKE STREET.