2, POUND CORNER, BARNINGHAM, BURY ST EDMUNDS, IP31 1BY - £123,500

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 POUND CORNER is a very small terraced house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £205,743. It was last sold for £123,500 in September 2013, which was around 11% below the average September 2013 terraced price in the West Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was A.

2 POUND CORNER Sold Prices

Land registry data shows three sales for 2 POUND CORNER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the three 2 POUND CORNER 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
2013 6 SEP	£123,500	£139,061	11% below HPI
2006 8 DEC	£130,000	£136,413	5% below HPI
1999 30 JUL	£35,000	£50,059	30% below HPI

2 POUND CORNER Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The three 2 POUND CORNER sales between July 1999 and September 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 December 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 POUND CORNER be worth now?

2 POUND CORNER might now be worth an estimated £205,743.

This is based on house price inflation of 66.6%, between September 2013 and April 2026, for terraced 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 66.6% inflationary increase is applied to the most recent sale price for 2 POUND CORNER of £123,500 on 6th September 2013. For the value to have increased from £123,500 to £205,743 over the thirteen years and five months to April 2026, the following assumptions must hold true:

• The value of 2 POUND CORNER has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The September 2013 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 2 POUND CORNER has not materially changed since September 2013.

How Large is 2 POUND CORNER?

2 POUND CORNER is 64m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of terraced houses houses in Barningham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Barningham, and where 2 POUND CORNER lies on this distribution: 11% of terraced houses houses are smaller than 2 POUND CORNER, and 89% of houses are larger. Note that EPC data is not available for all properties in Barningham.

2 POUND CORNER: Plot and Title Map

2 POUND CORNER sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 2 POUND CORNER, 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 POUND CORNER). 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 POUND CORNER?

2 POUND CORNER is located in BARNINGHAM, in the IP31 postcode district. The below map shows the position of No. 2 on POUND CORNER.