MILL LODGE, HEPWORTH ROAD, STANTON, BURY ST EDMUNDS, IP31 2UA - £195,000

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

MILL LODGE is a small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £195,000 in January 2015, which was around 36% below the average January 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

MILL LODGE Sold Prices

Land registry data shows two sales for MILL LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two MILL LODGE sales were for below 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
2015 30 JAN	£195,000	£306,709	36% below HPI
2006 30 MAR	£180,000	£239,120	25% below HPI

MILL LODGE 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 two MILL LODGE sales from March 2006 and January 2015 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 March 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is MILL LODGE?

MILL LODGE is 86m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Stanton, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton, and where MILL LODGE lies on this distribution: 36% of detached houses are smaller than MILL LODGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Stanton.

MILL LODGE: Plot and Title Map

MILL LODGE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of MILL LODGE, 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 MILL LODGE). 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 MILL LODGE?

MILL LODGE is located on HEPWORTH ROAD in STANTON, in the IP31 postcode district. The below map shows the position of MILL LODGE on HEPWORTH ROAD.