40, SPRUCE DRIVE, BRANDON, IP27 0UL - £222,500

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.

40 SPRUCE DRIVE is a midsized semi-detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £224,805. It was last sold for £222,500 in July 2022, which was around 20% below the average July 2022 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

40 SPRUCE DRIVE Sold Prices

Land registry data shows two sales for 40 SPRUCE DRIVE 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 West Suffolk local authority area for the corresponding sale date. Both of the two 40 SPRUCE DRIVE 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
2022 7 JUL	£222,500	£279,694	20% below HPI
1998 3 APR	£51,000	£55,360	8% below HPI

40 SPRUCE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 40 SPRUCE DRIVE sales from April 1998 and July 2022 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 April 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 40 SPRUCE DRIVE be worth now?

40 SPRUCE DRIVE might now be worth an estimated £224,805.

This is based on house price inflation of 1%, between July 2022 and May 2026, for semi-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 1% inflationary increase is applied to the most recent sale price for 40 SPRUCE DRIVE of £222,500 on 7th July 2022. For the value to have increased from £222,500 to £224,805 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 40 SPRUCE DRIVE has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The July 2022 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 40 SPRUCE DRIVE has not materially changed since July 2022.

How Large is 40 SPRUCE DRIVE?

40 SPRUCE DRIVE is 88m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of semi-detached houses houses in Brandon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brandon, and where 40 SPRUCE DRIVE lies on this distribution: 53% of semi-detached houses houses are smaller than 40 SPRUCE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Brandon.

40 SPRUCE DRIVE: Plot and Title Map

40 SPRUCE DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 40 SPRUCE DRIVE, 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 40 SPRUCE DRIVE). 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 40 SPRUCE DRIVE?

40 SPRUCE DRIVE is located in BRANDON, in the IP27 postcode district. The below map shows the position of No. 40 on SPRUCE DRIVE.