THE BRIARS, WESTLEY LANE, HORRINGER, BURY ST EDMUNDS, IP29 5RZ - £660,000

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 BRIARS is a very large detached house of 267m², built sometime between 1996 and 2002. It was last sold for £660,000 in November 2013, which was around 141% above the average November 2013 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

THE BRIARS Sold Prices

Land registry data shows four sales for THE BRIARS 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 THE BRIARS 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
2013 21 NOV	£660,000	£274,219	141% above HPI
2005 23 MAR	£536,555	£227,292	136% above HPI
2001 6 AUG	£360,000	£146,986	145% above HPI
1999 15 OCT	£120,000	£115,997	3% above HPI

THE BRIARS 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 BRIARS sales between October 1999 and November 2013 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 March 2005 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the November 2013 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is THE BRIARS?

THE BRIARS is 267m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses by size in Horringer, and where THE BRIARS lies on this distribution: 95% of detached houses are smaller than THE BRIARS, and 5% of houses are larger. Note that EPC data is not available for all properties in Horringer.

THE BRIARS: Plot and Title Map

THE BRIARS sits on a plot of roughly 0.410 of an acre, or 1,660m². The below map shows the location of THE BRIARS, 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 BRIARS). 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 BRIARS?

THE BRIARS is located on WESTLEY LANE in HORRINGER, in the IP29 postcode district. The below map shows the position of THE BRIARS on WESTLEY LANE.