6, HAY BARN MEADOW, WOOLPIT, BURY ST EDMUNDS, IP30 9TU - £425,000

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.

6 HAY BARN MEADOW is a midsized detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £493,998. It was last sold for £425,000 in February 2018, which was around 11% above the average February 2018 detached price in the Mid 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 C.

6 HAY BARN MEADOW Sold Prices

Land registry data shows three sales for 6 HAY BARN MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 6 HAY BARN MEADOW sales were 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
2018 9 FEB	£425,000	£382,861	11% above HPI
2003 15 MAY	£285,000	£202,881	40% above HPI
2000 15 NOV	£182,000	£134,315	36% above HPI

6 HAY BARN MEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 6 HAY BARN MEADOW sales between November 2000 and February 2018 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 May 2003 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 6 HAY BARN MEADOW be worth now?

6 HAY BARN MEADOW might now be worth an estimated £493,998.

This is based on house price inflation of 16.2%, between February 2018 and May 2026, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for 6 HAY BARN MEADOW of £425,000 on 9th February 2018. For the value to have increased from £425,000 to £493,998 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 6 HAY BARN MEADOW has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HAY BARN MEADOW has not materially changed since February 2018.

How Large is 6 HAY BARN MEADOW?

6 HAY BARN MEADOW is 123m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolpit, and where 6 HAY BARN MEADOW lies on this distribution: 54% of detached houses houses are smaller than 6 HAY BARN MEADOW, and 44% of houses are larger. Note that EPC data is not available for all properties in Woolpit.

6 HAY BARN MEADOW: Plot and Title Map

6 HAY BARN MEADOW sits on a plot of roughly 0.220 of an acre, or 890m². The below map shows the location of 6 HAY BARN MEADOW, 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 6 HAY BARN MEADOW). 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 6 HAY BARN MEADOW?

6 HAY BARN MEADOW is located in WOOLPIT, in the IP30 postcode district. The below map shows the position of No. 6 on HAY BARN MEADOW.