RED TILES, THE STREET, HESSETT, BURY ST. EDMUNDS, IP30 9AZ - £380,000

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

RED TILES is a very large extended detached house of 211m², built sometime between 1967 and 1975. It was last sold for £380,000 in September 2007, which was around 40% above the average September 2007 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

RED TILES Sold Prices

Land registry data shows two sales for RED TILES 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 RED TILES 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
2007 28 SEP	£380,000	£272,042	40% above HPI
2004 11 JUN	£284,000	£214,372	32% above HPI

RED TILES 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 RED TILES sales from June 2004 and September 2007 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 June 2004 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2007 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is RED TILES?

RED TILES is 211m², which includes four extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Hessett, based on EPC data. The below chart shows the distribution of detached houses by size in Hessett, and where RED TILES lies on this distribution: 91% of detached houses are smaller than RED TILES, and 9% of houses are larger. Note that EPC data is not available for all properties in Hessett.

RED TILES: Plot and Title Map

RED TILES sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of RED TILES, 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 RED TILES). 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 RED TILES?

RED TILES is located on THE STREET in HESSETT, in the IP30 postcode district. The below map shows the position of RED TILES on THE STREET.