SANDPIT HOUSE, SANDPIT LANE, THURSTON, BURY ST EDMUNDS, IP31 3SD - £298,000

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

SANDPIT HOUSE is a midsized extended detached house of 105m², built sometime before 1900. It was last sold for £298,000 in June 2012, which was around 18% above the average June 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

SANDPIT HOUSE Sold Prices

Land registry data shows four sales for SANDPIT HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the four SANDPIT HOUSE 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
2012 28 JUN	£298,000	£251,479	18% above HPI
2001 13 SEP	£214,500	£148,071	45% above HPI
1995 18 DEC	£112,000	£76,888	46% above HPI
1995 5 MAY	£58,250	£76,552	24% below HPI

SANDPIT HOUSE 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 four SANDPIT HOUSE sales between May 1995 and June 2012 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 September 2001 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2012 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is SANDPIT HOUSE?

SANDPIT HOUSE is 105m², which includes three extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% of detached houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurston, and where SANDPIT HOUSE lies on this distribution: 42% of detached houses are smaller than SANDPIT HOUSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Thurston.

SANDPIT HOUSE: Plot and Title Map

SANDPIT HOUSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of SANDPIT HOUSE, 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 SANDPIT HOUSE). 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 SANDPIT HOUSE?

SANDPIT HOUSE is located on SANDPIT LANE in THURSTON, in the IP31 postcode district. The below map shows the position of SANDPIT HOUSE on SANDPIT LANE.