MAGES YARD, LAMBS LANE, LAWSHALL, BURY ST EDMUNDS, IP29 4PE - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MAGES YARD is a large extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £504,858. It was last sold for £450,000 in June 2021, which was around 3% above the average June 2021 detached price in the Babergh local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

MAGES YARD Sold Prices

Land registry data shows two sales for MAGES YARD 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 MAGES YARD 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
2021 24 JUN	£450,000	£436,324	3% above HPI
2000 27 JAN	£162,000	£122,720	32% above HPI

MAGES YARD 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 MAGES YARD sales from January 2000 and June 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 January 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might MAGES YARD be worth now?

MAGES YARD might now be worth an estimated £504,858.

This is based on house price inflation of 12.2%, between June 2021 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for MAGES YARD of £450,000 on 24th June 2021. For the value to have increased from £450,000 to £504,858 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of MAGES YARD has moved in line with the HPI for detached houses in the Babergh local authority area.
• The June 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of MAGES YARD has not materially changed since June 2021.

How Large is MAGES YARD?

MAGES YARD is 136m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses houses in Lawshall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lawshall, and where MAGES YARD lies on this distribution: 63% of detached houses houses are smaller than MAGES YARD, and 38% of houses are larger. Note that EPC data is not available for all properties in Lawshall.

MAGES YARD: Plot and Title Map

MAGES YARD sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of MAGES YARD, 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 MAGES YARD). 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 MAGES YARD?

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