47, RAINGATE STREET, BURY ST EDMUNDS, IP33 2AR - £226,000

47 RAINGATE STREET is a very small semi-detached house of 52m², built sometime between 1996 and 2002. It was last sold for £226,000 in February 2023, which was around 51% below the average February 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

47 RAINGATE STREET Sold Prices

Land registry data shows five sales for 47 RAINGATE STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Most of the five 47 RAINGATE STREET 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
2023 2 FEB	£226,000	£464,831	51% below HPI
2011 18 NOV	£120,000	£258,033	53% below HPI
1997 9 MAY	£56,500	£83,690	32% below HPI
1996 12 JUN	£92,000	£81,444	13% above HPI
1995 17 NOV	£70,505	£79,014	11% below HPI

47 RAINGATE STREET 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 five 47 RAINGATE STREET sales between November 1995 and February 2023 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 November 2011 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2023 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 47 RAINGATE STREET?

47 RAINGATE STREET is 52m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Bury St Edmunds, based on EPC data. The below chart shows the distribution of detached houses by size in Bury St Edmunds, and where 47 RAINGATE STREET lies on this distribution: 1% of detached houses are smaller than 47 RAINGATE STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Bury St Edmunds.

47 RAINGATE STREET: Plot and Title Map

47 RAINGATE STREET sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 47 RAINGATE STREET, 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 47 RAINGATE STREET). 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 47 RAINGATE STREET?

47 RAINGATE STREET is located in BURY ST. EDMUNDS, in the IP33 postcode district. The below map shows the position of No. 47 on RAINGATE STREET.