OAKRIDGE, SWAN LANE, CONEY WESTON, BURY ST EDMUNDS, IP31 1DW - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAKRIDGE is a very small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £300,000 in December 2019, which was around 23% below the average December 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

OAKRIDGE Sold Prices

Land registry data shows four sales for OAKRIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four OAKRIDGE 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
2019 20 DEC	£300,000	£391,453	23% below HPI
2007 7 DEC	£237,500	£273,931	13% below HPI
2006 12 APR	£203,000	£243,093	16% below HPI
2002 16 OCT	£139,000	£194,554	29% below HPI

OAKRIDGE 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 four OAKRIDGE sales between October 2002 and December 2019 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 December 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might OAKRIDGE be worth now?

OAKRIDGE might now be worth an estimated £355,223.

This is based on house price inflation of 18.4%, between December 2019 and December 2024, 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 18.4% inflationary increase is applied to the most recent sale price for OAKRIDGE of £300,000 on 20th December 2019. For the value to have increased from £300,000 to £355,223 over the five years to December 2024, the following assumptions must hold true:

• The value of OAKRIDGE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The December 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of OAKRIDGE has not materially changed since December 2019.

How Large is OAKRIDGE?

OAKRIDGE is 102m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses houses in Coney Weston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coney Weston, and where OAKRIDGE lies on this distribution: 3% of detached houses houses are smaller than OAKRIDGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Coney Weston.

OAKRIDGE: Plot and Title Map

OAKRIDGE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of OAKRIDGE, 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 OAKRIDGE). 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 OAKRIDGE?

OAKRIDGE is located on SWAN LANE in CONEY WESTON, in the IP31 postcode district. The below map shows the position of OAKRIDGE on SWAN LANE.