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

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

MAGES YARD is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £450,000 in June 2021, which was around 5% 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	£426,720	5% above HPI
2000 27 JAN	£162,000	£120,019	35% 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 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

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 in Lawshall, based on EPC data. The below chart shows the distribution of detached houses by size in Lawshall, and where MAGES YARD lies on this distribution: 63% of detached 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.