REMLAP, STOW ROAD, IXWORTH, BURY ST EDMUNDS, IP31 2HZ - £196,000

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

REMLAP is a very small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £196,000 in February 2009, which was around 13% below the average February 2009 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

REMLAP Sold Prices

Land registry data shows two sales for REMLAP since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two REMLAP 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
2009 27 FEB	£196,000	£226,450	13% below HPI
2007 24 AUG	£249,995	£274,993	9% below HPI

REMLAP 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 two REMLAP sales from August 2007 and February 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2009 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is REMLAP?

REMLAP is 93m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of detached houses in Ixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Ixworth, and where REMLAP lies on this distribution: 18% of detached houses are smaller than REMLAP, and 82% of houses are larger. Note that EPC data is not available for all properties in Ixworth.

REMLAP: Plot and Title Map

REMLAP sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of REMLAP, 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 REMLAP). 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 REMLAP?

REMLAP is located on STOW ROAD in IXWORTH, in the IP31 postcode district. The below map shows the position of REMLAP on STOW ROAD.