SILVER LEY, FORNHAM ROAD, GREAT BARTON, BURY ST EDMUNDS, IP31 2TR - £475,000

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.

SILVER LEY is a small extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £470,627. It was last sold for £475,000 in July 2022, which was around 4% above the average July 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

SILVER LEY Sold Prices

Land registry data shows three sales for SILVER LEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three SILVER LEY sales were for above the average price, whilst one was 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
2022 15 JUL	£475,000	£454,703	4% above HPI
2005 8 JUL	£235,000	£243,942	4% below HPI
1999 7 MAY	£121,000	£110,519	9% above HPI

SILVER LEY 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 three SILVER LEY sales between May 1999 and July 2022 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 July 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might SILVER LEY be worth now?

SILVER LEY might now be worth an estimated £470,627.

This is based on house price deflation of 0.9%, between July 2022 and February 2025, 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 0.9% deflationary decrease is applied to the most recent sale price for SILVER LEY of £475,000 on 15th July 2022. For the value to have decreased from £475,000 to £470,627 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of SILVER LEY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The July 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of SILVER LEY has not materially changed since July 2022.

How Large is SILVER LEY?

SILVER LEY is 120m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses houses in Great Barton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Barton, and where SILVER LEY lies on this distribution: 23% of detached houses houses are smaller than SILVER LEY, and 77% of houses are larger. Note that EPC data is not available for all properties in Great Barton.

SILVER LEY: Plot and Title Map

SILVER LEY sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of SILVER LEY, 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 SILVER LEY). 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 SILVER LEY?

SILVER LEY is located on FORNHAM ROAD in GREAT BARTON, in the IP31 postcode district. The below map shows the position of SILVER LEY on FORNHAM ROAD.