STAR YARD, MILLWAY LANE, PALGRAVE, DISS, IP22 1AD - £400,000

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.

STAR YARD is a small extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £482,308. It was last sold for £400,000 in September 2020, which was around 4% above the average September 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

STAR YARD Sold Prices

Land registry data shows four sales for STAR YARD 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 STAR YARD 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
2020 29 SEP	£400,000	£385,636	4% above HPI
2011 3 NOV	£335,000	£261,264	28% above HPI
2003 30 JUN	£292,193	£202,517	44% above HPI
1995 15 SEP	£39,000	£80,844	52% below HPI

STAR YARD 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 STAR YARD sales between September 1995 and September 2020 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 November 2011 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might STAR YARD be worth now?

STAR YARD might now be worth an estimated £482,308.

This is based on house price inflation of 20.6%, between September 2020 and March 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for STAR YARD of £400,000 on 29th September 2020. For the value to have increased from £400,000 to £482,308 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of STAR YARD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of STAR YARD has not materially changed since September 2020.

How Large is STAR YARD?

STAR YARD is 127m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Palgrave, and where STAR YARD lies on this distribution: 37% of detached houses houses are smaller than STAR YARD, and 63% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

STAR YARD: Plot and Title Map

STAR YARD sits on a plot of roughly 0.489 of an acre, or 1,977m². The below map shows the location of STAR YARD, 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 STAR YARD). 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 STAR YARD?

STAR YARD is located on MILLWAY LANE in PALGRAVE, in the IP22 postcode district. The below map shows the position of STAR YARD on MILLWAY LANE.