MINDEN, ASHFIELD ROAD, NORTON, BURY ST EDMUNDS, IP31 3NJ - £280,000

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.

MINDEN is a small extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £420,715. It was last sold for £280,000 in November 2014, which was around 8% below the average November 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

MINDEN Sold Prices

Land registry data shows two sales for MINDEN 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 MINDEN 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
2014 7 NOV	£280,000	£303,368	8% below HPI
2002 21 FEB	£122,000	£162,393	25% below HPI

MINDEN 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 MINDEN sales from February 2002 and November 2014 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 February 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might MINDEN be worth now?

MINDEN might now be worth an estimated £420,715.

This is based on house price inflation of 50.3%, between November 2014 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.3% inflationary increase is applied to the most recent sale price for MINDEN of £280,000 on 7th November 2014. For the value to have increased from £280,000 to £420,715 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of MINDEN has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of MINDEN has not materially changed since November 2014.

How Large is MINDEN?

MINDEN is 107m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses houses in Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton, and where MINDEN lies on this distribution: 32% of detached houses houses are smaller than MINDEN, and 68% of houses are larger. Note that EPC data is not available for all properties in Norton.

MINDEN: Plot and Title Map

MINDEN sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of MINDEN, 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 MINDEN). 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 MINDEN?

MINDEN is located on ASHFIELD ROAD in NORTON, in the IP31 postcode district. The below map shows the position of MINDEN on ASHFIELD ROAD.