OAK LODGE, THEDWASTRE ROAD, THURSTON, BURY ST EDMUNDS, IP31 3QY - £346,000

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

OAK LODGE is a very small detached house of 75m², built sometime from 2007 onwards. It was last sold for £346,000 in September 2014, which was around 19% above the average September 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

OAK LODGE Sold Prices

Land registry data shows two sales for OAK 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two OAK LODGE 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
2014 5 SEP	£346,000	£291,647	19% above HPI
2008 26 MAR	£325,000	£268,419	21% above HPI

OAK LODGE 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 OAK LODGE sales from March 2008 and September 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 March 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2014 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is OAK LODGE?

OAK LODGE is 75m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurston, and where OAK LODGE lies on this distribution: 10% of detached houses are smaller than OAK LODGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Thurston.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of OAK 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 OAK 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 OAK LODGE?

OAK LODGE is located on THEDWASTRE ROAD in THURSTON, in the IP31 postcode district. The below map shows the position of OAK LODGE on THEDWASTRE ROAD.