SOUTH VIEW, THE GREEN, RISBY, BURY ST EDMUNDS, IP28 6RF - £342,500

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

SOUTH VIEW is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £342,500 in December 2017, which was around 9% below the average December 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

SOUTH VIEW Sold Prices

Land registry data shows four sales for SOUTH VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four SOUTH VIEW 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
2017 1 DEC	£342,500	£374,397	9% below HPI
2010 15 OCT	£250,000	£265,314	6% below HPI
2006 2 MAY	£234,250	£243,190	4% below HPI
2003 7 FEB	£67,500	£195,603	65% below HPI

SOUTH VIEW 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 four SOUTH VIEW sales between February 2003 and December 2017 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 October 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is SOUTH VIEW?

SOUTH VIEW is 85m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Risby, based on EPC data. The below chart shows the distribution of detached houses by size in Risby, and where SOUTH VIEW lies on this distribution: 10% of detached houses are smaller than SOUTH VIEW, and 90% of houses are larger. Note that EPC data is not available for all properties in Risby.

SOUTH VIEW: Plot and Title Map

SOUTH VIEW sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of SOUTH VIEW, 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 SOUTH VIEW). 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 SOUTH VIEW?

SOUTH VIEW is located on THE GREEN in RISBY, in the IP28 postcode district. The below map shows the position of SOUTH VIEW on THE GREEN.