MARKET GARDENS, MILL LANE, BARNBY, BECCLES, NR34 7PX - £247,000

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

MARKET GARDENS is a midsized extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £247,000 in March 2012, which was around 2% below the average March 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

MARKET GARDENS Sold Prices

Land registry data shows three sales for MARKET GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the three MARKET GARDENS sales was for below the average price, whilst two 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
2012 2 MAR	£247,000	£251,707	2% below HPI
2007 31 AUG	£287,500	£261,746	10% above HPI
2004 20 AUG	£247,500	£220,909	12% above HPI

MARKET GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three MARKET GARDENS sales between August 2004 and March 2012 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is MARKET GARDENS?

MARKET GARDENS is 135m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses in Barnby, based on EPC data. The below chart shows the distribution of detached houses by size in Barnby, and where MARKET GARDENS lies on this distribution: 49% of detached houses are smaller than MARKET GARDENS, and 51% of houses are larger. Note that EPC data is not available for all properties in Barnby.

MARKET GARDENS: Plot and Title Map

MARKET GARDENS sits on a plot of roughly 0.297 of an acre, or 1,204m². The below map shows the location of MARKET GARDENS, 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 MARKET GARDENS). 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 MARKET GARDENS?

MARKET GARDENS is located on MILL LANE in BARNBY, in the NR34 postcode district. The below map shows the position of MARKET GARDENS on MILL LANE.