MATTHEWS FARM BARN, EVERGREEN LANE, GREAT BRADLEY, NEWMARKET, CB8 9LL - £795,000

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.

MATTHEWS FARM BARN is a large extended detached house of 196m², built sometime between 2003 and 2006, which could now be worth an estimated £750,701. It was last sold for £795,000 in November 2022, which was around 67% above the average November 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

MATTHEWS FARM BARN Sold Prices

Land registry data shows five sales for MATTHEWS FARM BARN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five MATTHEWS FARM BARN 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
2022 21 NOV	£795,000	£477,102	67% above HPI
2016 30 SEP	£699,950	£359,597	95% above HPI
2012 23 AUG	£565,000	£270,672	109% above HPI
2010 29 NOV	£565,000	£267,580	111% above HPI
2007 12 OCT	£500,000	£281,600	78% above HPI

MATTHEWS FARM BARN 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 five MATTHEWS FARM BARN sales between October 2007 and November 2022 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 September 2016 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the November 2022 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might MATTHEWS FARM BARN be worth now?

MATTHEWS FARM BARN might now be worth an estimated £750,701.

This is based on house price deflation of 5.6%, between November 2022 and February 2025, 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 5.6% deflationary decrease is applied to the most recent sale price for MATTHEWS FARM BARN of £795,000 on 21st November 2022. For the value to have decreased from £795,000 to £750,701 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of MATTHEWS FARM BARN has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The November 2022 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of MATTHEWS FARM BARN has not materially changed since November 2022.

How Large is MATTHEWS FARM BARN?

MATTHEWS FARM BARN is 196m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses houses in Great Bradley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Bradley, and where MATTHEWS FARM BARN lies on this distribution: 68% of detached houses houses are smaller than MATTHEWS FARM BARN, and 32% of houses are larger. Note that EPC data is not available for all properties in Great Bradley.

MATTHEWS FARM BARN: Plot and Title Map

MATTHEWS FARM BARN sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of MATTHEWS FARM BARN, 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 MATTHEWS FARM BARN). 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 MATTHEWS FARM BARN?

MATTHEWS FARM BARN is located on EVERGREEN LANE in GREAT BRADLEY, in the CB8 postcode district. The below map shows the position of MATTHEWS FARM BARN on EVERGREEN LANE.