2, PADDOCK FARM, CONEY WESTON, BURY ST EDMUNDS, IP31 1DS - £330,000

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.

2 PADDOCK FARM is a very small detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £389,744. It was last sold for £330,000 in February 2019, which was around 13% below the average February 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was A.

2 PADDOCK FARM Sold Prices

Land registry data shows two sales for 2 PADDOCK FARM 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. One of the two 2 PADDOCK FARM sales was for below the average price, whilst the other was 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
2019 1 FEB	£330,000	£381,457	13% below HPI
2006 29 JUN	£249,950	£246,357	1% above HPI

2 PADDOCK FARM 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 2 PADDOCK FARM sales from June 2006 and February 2019 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 June 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 PADDOCK FARM be worth now?

2 PADDOCK FARM might now be worth an estimated £389,744.

This is based on house price inflation of 18.1%, between February 2019 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 2 PADDOCK FARM of £330,000 on 1st February 2019. For the value to have increased from £330,000 to £389,744 over the six years to February 2025, the following assumptions must hold true:

• The value of 2 PADDOCK FARM has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The February 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PADDOCK FARM has not materially changed since February 2019.

How Large is 2 PADDOCK FARM?

2 PADDOCK FARM is 121m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses houses in Coney Weston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coney Weston, and where 2 PADDOCK FARM lies on this distribution: 16% of detached houses houses are smaller than 2 PADDOCK FARM, and 84% of houses are larger. Note that EPC data is not available for all properties in Coney Weston.

2 PADDOCK FARM: Plot and Title Map

2 PADDOCK FARM sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of 2 PADDOCK FARM, 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 2 PADDOCK FARM). 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 2 PADDOCK FARM?

2 PADDOCK FARM is located in CONEY WESTON, in the IP31 postcode district. The below map shows the position of No. 2 on PADDOCK FARM.