THE GABLES, HEATH ROAD, HESSETT, BURY ST EDMUNDS, IP30 9BJ - £212,500

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

THE GABLES is a very small extended detached house of 64m², built sometime between 1983 and 1990. It was last sold for £212,500 in September 2012, which was around 18% below the average September 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two THE GABLES 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
2012 7 SEP	£212,500	£257,937	18% below HPI
2006 25 AUG	£210,000	£251,467	16% below HPI

THE GABLES 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 two THE GABLES sales from August 2006 and September 2012 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 August 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2012 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE GABLES?

THE GABLES is 64m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Hessett, based on EPC data. The below chart shows the distribution of detached houses by size in Hessett, and where THE GABLES lies on this distribution: Less than 1% of detached houses are smaller than THE GABLES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hessett.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on HEATH ROAD in HESSETT, in the IP30 postcode district. The below map shows the position of THE GABLES on HEATH ROAD.