REDVERS, THE STREET, WOOLPIT, BURY ST EDMUNDS, IP30 9QJ - £272,000

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.

REDVERS is a large extended detached house of 148m², built sometime before 1900, which could now be worth an estimated £527,710. It was last sold for £272,000 in July 2009, which was around 16% above the average July 2009 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

REDVERS Sold Prices

Land registry data shows two sales for REDVERS 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 REDVERS 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
2009 29 JUL	£272,000	£234,949	16% above HPI
1999 26 AUG	£160,000	£108,732	47% above HPI

REDVERS 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 REDVERS sales from August 1999 and July 2009 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 August 1999 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2009 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might REDVERS be worth now?

REDVERS might now be worth an estimated £527,710.

This is based on house price inflation of 94%, between July 2009 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 94% inflationary increase is applied to the most recent sale price for REDVERS of £272,000 on 29th July 2009. For the value to have increased from £272,000 to £527,710 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of REDVERS has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2009 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of REDVERS has not materially changed since July 2009.

How Large is REDVERS?

REDVERS is 148m², which includes three extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of detached houses houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolpit, and where REDVERS lies on this distribution: 80% of detached houses houses are smaller than REDVERS, and 20% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

REDVERS: Plot and Title Map

REDVERS sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of REDVERS, 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 REDVERS). 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 REDVERS?

REDVERS is located on THE STREET in WOOLPIT, in the IP30 postcode district. The below map shows the position of REDVERS on THE STREET.