SNAEFELL, LAMBS LANE, LAWSHALL, BURY ST EDMUNDS, IP29 4PE - £325,000

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

SNAEFELL is a small detached house of 96m², built sometime between 1950 and 1966. It was last sold for £325,000 in March 2019, which was around 22% below the average March 2019 detached price in the Babergh local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

SNAEFELL Sold Prices

Land registry data shows three sales for SNAEFELL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three SNAEFELL 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
2019 1 MAR	£325,000	£418,234	22% below HPI
2003 5 SEP	£215,000	£220,873	3% below HPI
1999 30 JUN	£72,000	£107,243	33% below HPI

SNAEFELL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three SNAEFELL sales between June 1999 and March 2019 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 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is SNAEFELL?

SNAEFELL is 96m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Lawshall, based on EPC data. The below chart shows the distribution of detached houses by size in Lawshall, and where SNAEFELL lies on this distribution: 33% of detached houses are smaller than SNAEFELL, and 65% of houses are larger. Note that EPC data is not available for all properties in Lawshall.

SNAEFELL: Plot and Title Map

SNAEFELL sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of SNAEFELL, 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 SNAEFELL). 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 SNAEFELL?

SNAEFELL is located on LAMBS LANE in LAWSHALL, in the IP29 postcode district. The below map shows the position of SNAEFELL on LAMBS LANE.