WHEATFIELD, HEPWORTH ROAD, BARNINGHAM, BURY ST EDMUNDS, IP31 1BP - £268,000

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

WHEATFIELD is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £268,000 in August 2016, which was around 24% below the average August 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was E.

WHEATFIELD Sold Prices

Land registry data shows four sales for WHEATFIELD 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 WHEATFIELD 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
2016 12 AUG	£268,000	£352,843	24% below HPI
2011 21 OCT	£200,000	£262,467	24% below HPI
2010 26 MAR	£197,000	£251,953	22% below HPI
2003 12 DEC	£179,000	£212,945	16% below HPI

WHEATFIELD 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 WHEATFIELD sales between December 2003 and August 2016 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 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, which was also at 24% below the HPI.

How Large is WHEATFIELD?

WHEATFIELD is 86m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses in Barningham, based on EPC data. The below chart shows the distribution of detached houses by size in Barningham, and where WHEATFIELD lies on this distribution: 32% of detached houses are smaller than WHEATFIELD, and 68% of houses are larger. Note that EPC data is not available for all properties in Barningham.

WHEATFIELD: Plot and Title Map

WHEATFIELD sits on a plot of roughly 0.281 of an acre, or 1,138m². The below map shows the location of WHEATFIELD, 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 WHEATFIELD). 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 WHEATFIELD?

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