THURSTON LODGE, SANDPIT LANE, THURSTON, BURY ST EDMUNDS, IP31 3SD - £795,000

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.

THURSTON LODGE is a very large semi-detached house of 356m², built sometime before 1900, which could now be worth an estimated £925,020. It was last sold for £795,000 in November 2020, which was around 225% above the average November 2020 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

THURSTON LODGE Sold Prices

Land registry data shows two sales for THURSTON LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two THURSTON LODGE 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 13 NOV	£795,000	£244,541	225% above HPI
1999 10 AUG	£240,000	£64,808	270% above HPI

THURSTON LODGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two THURSTON LODGE sales from August 1999 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 August 1999 sale was for 270% above the HPI. So the extrapolation line tracks at 270% above the HPI over time, until the November 2020 sale, where it falls to 225% above the HPI. The line then continues to track at 225% above the HPI.

What might THURSTON LODGE be worth now?

THURSTON LODGE might now be worth an estimated £925,020.

This is based on house price inflation of 16.4%, between November 2020 and February 2025, for semi-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 16.4% inflationary increase is applied to the most recent sale price for THURSTON LODGE of £795,000 on 13th November 2020. For the value to have increased from £795,000 to £925,020 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of THURSTON LODGE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The November 2020 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of THURSTON LODGE has not materially changed since November 2020.

How Large is THURSTON LODGE?

THURSTON LODGE is 356m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of semi-detached houses houses in Thurston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thurston, and where THURSTON LODGE lies on this distribution: More than 99% of semi-detached houses houses are smaller than THURSTON LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Thurston.

THURSTON LODGE: Plot and Title Map

THURSTON LODGE sits on a plot of roughly 0.368 of an acre, or 1,489m². The below map shows the location of THURSTON LODGE, 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 THURSTON LODGE). 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 THURSTON LODGE?

THURSTON LODGE is located on SANDPIT LANE in THURSTON, in the IP31 postcode district. The below map shows the position of THURSTON LODGE on SANDPIT LANE.