HAYSTACKS, QUEENS LANE, CHEDBURGH, BURY ST EDMUNDS, IP29 4UT - £507,000

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

HAYSTACKS is a very large detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £513,923. It was last sold for £507,000 in November 2023, which was around 11% above the average November 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

HAYSTACKS Sold Prices

Land registry data shows two sales for HAYSTACKS 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 HAYSTACKS 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
2023 29 NOV	£507,000	£457,267	11% above HPI
1999 26 NOV	£139,000	£119,482	16% above HPI

HAYSTACKS 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 HAYSTACKS sales from November 1999 and November 2023 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 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might HAYSTACKS be worth now?

HAYSTACKS might now be worth an estimated £513,923.

This is based on house price inflation of 1.4%, between November 2023 and December 2024, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% inflationary increase is applied to the most recent sale price for HAYSTACKS of £507,000 on 29th November 2023. For the value to have increased from £507,000 to £513,923 over the eleven months to December 2024, the following assumptions must hold true:

• The value of HAYSTACKS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The November 2023 sale price of £507,000 represented a fair market value for the property.
• The size, condition, and specification of HAYSTACKS has not materially changed since November 2023.

How Large is HAYSTACKS?

HAYSTACKS is 161m² according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses houses in Chedburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedburgh, and where HAYSTACKS lies on this distribution: 85% of detached houses houses are smaller than HAYSTACKS, and 15% of houses are larger. Note that EPC data is not available for all properties in Chedburgh.

HAYSTACKS: Plot and Title Map

HAYSTACKS sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of HAYSTACKS, 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 HAYSTACKS). 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 HAYSTACKS?

HAYSTACKS is located on QUEENS LANE in CHEDBURGH, in the IP29 postcode district. The below map shows the position of HAYSTACKS on QUEENS LANE.