THE BEECHES, HEPWORTH ROAD, BARNINGHAM, BURY ST EDMUNDS, IP31 1BP - £460,000

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

THE BEECHES is a very large detached house of 231m², built sometime between 1950 and 1966. It was last sold for £460,000 in November 2020, which was around 15% above the average November 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

THE BEECHES Sold Prices

Land registry data shows four sales for THE BEECHES 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. Most of the four THE BEECHES 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 4 NOV	£460,000	£401,632	15% above HPI
2014 2 OCT	£230,000	£305,020	25% below HPI
2000 31 MAY	£135,000	£123,085	10% above HPI
1997 19 DEC	£97,000	£91,870	6% above HPI

THE BEECHES 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 THE BEECHES sales between December 1997 and November 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 October 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 231m² according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses in Barningham, based on EPC data. The below chart shows the distribution of detached houses by size in Barningham, and where THE BEECHES lies on this distribution: 97% of detached houses are smaller than THE BEECHES, and 3% of houses are larger. Note that EPC data is not available for all properties in Barningham.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

THE BEECHES is located on HEPWORTH ROAD in BARNINGHAM, in the IP31 postcode district. The below map shows the position of THE BEECHES on HEPWORTH ROAD.