HIDEAWAY, SCHOOL ROAD, RISBY, BURY ST EDMUNDS, IP28 6RQ - £480,000

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

HIDEAWAY is a very large extended detached house of 214m², built sometime between 1991 and 1995. It was last sold for £480,000 in September 2014, which was around 57% above the average September 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

HIDEAWAY Sold Prices

Land registry data shows two sales for HIDEAWAY 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 HIDEAWAY 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
2014 15 SEP	£480,000	£306,645	57% above HPI
2007 31 AUG	£430,000	£274,993	56% above HPI

HIDEAWAY 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 HIDEAWAY sales from August 2007 and September 2014 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 2007 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2014 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is HIDEAWAY?

HIDEAWAY is 214m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 20% of detached houses in Risby, based on EPC data. The below chart shows the distribution of detached houses by size in Risby, and where HIDEAWAY lies on this distribution: 83% of detached houses are smaller than HIDEAWAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Risby.

HIDEAWAY: Plot and Title Map

HIDEAWAY sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of HIDEAWAY, 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 HIDEAWAY). 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 HIDEAWAY?

HIDEAWAY is located on SCHOOL ROAD in RISBY, in the IP28 postcode district. The below map shows the position of HIDEAWAY on SCHOOL ROAD.