MERCHANTS HOUSE, BURY ROAD, BEYTON, BURY ST EDMUNDS, IP30 9AB - £335,000

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

MERCHANTS HOUSE is a large extended detached house of 180m², built sometime between 1983 and 1990. It was last sold for £335,000 in April 2012, which was around 31% above the average April 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

MERCHANTS HOUSE Sold Prices

Land registry data shows two sales for MERCHANTS HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two MERCHANTS HOUSE 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
2012 16 APR	£335,000	£255,098	31% above HPI
1998 25 SEP	£145,000	£101,803	42% above HPI

MERCHANTS HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two MERCHANTS HOUSE sales from September 1998 and April 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 September 1998 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the April 2012 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is MERCHANTS HOUSE?

MERCHANTS HOUSE is 180m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 40% of detached houses in Beyton, based on EPC data. The below chart shows the distribution of detached houses by size in Beyton, and where MERCHANTS HOUSE lies on this distribution: 60% of detached houses are smaller than MERCHANTS HOUSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Beyton.

MERCHANTS HOUSE: Plot and Title Map

MERCHANTS HOUSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of MERCHANTS HOUSE, 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 MERCHANTS HOUSE). 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 MERCHANTS HOUSE?

MERCHANTS HOUSE is located on BURY ROAD in BEYTON, in the IP30 postcode district. The below map shows the position of MERCHANTS HOUSE on BURY ROAD.