THE BEECHES, SCHOOL ROAD, RISBY, BURY ST. EDMUNDS, IP28 6RG - £235,000

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 large detached house of 167m², built sometime between 1976 and 1982. It was last sold for £235,000 in January 2001, which was around 73% above the average January 2001 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was D.

THE BEECHES Sold Prices

Land registry data shows two sales for THE BEECHES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 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
2001 12 JAN	£235,000	£135,713	73% above HPI
1997 1 JUL	£159,000	£87,825	81% 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 two THE BEECHES sales from July 1997 and January 2001 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 1997 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the January 2001 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 167m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses in Risby, based on EPC data. The below chart shows the distribution of detached houses by size in Risby, and where THE BEECHES lies on this distribution: 62% of detached houses are smaller than THE BEECHES, and 38% of houses are larger. Note that EPC data is not available for all properties in Risby.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.344 of an acre, or 1,392m². 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 SCHOOL ROAD in RISBY, in the IP28 postcode district. The below map shows the position of THE BEECHES on SCHOOL ROAD.