6, MICHAELHOUSE WAY, STANTON, BURY ST EDMUNDS, IP31 2XG - £230,000

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 MICHAELHOUSE WAY is a very small semi-detached house of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £232,672. It was last sold for £230,000 in July 2023, which was around 16% below the average July 2023 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was A.

6 MICHAELHOUSE WAY Sold Prices

Land registry data shows two sales for 6 MICHAELHOUSE WAY 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 6 MICHAELHOUSE WAY 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 10 JUL	£230,000	£275,169	16% below HPI
2004 3 MAR	£128,000	£139,363	8% below HPI

6 MICHAELHOUSE WAY 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 6 MICHAELHOUSE WAY sales from March 2004 and July 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 March 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 MICHAELHOUSE WAY be worth now?

6 MICHAELHOUSE WAY might now be worth an estimated £232,672.

This is based on house price inflation of 1.2%, between July 2023 and July 2025, 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 1.2% inflationary increase is applied to the most recent sale price for 6 MICHAELHOUSE WAY of £230,000 on 10th July 2023. For the value to have increased from £230,000 to £232,672 over the two years to July 2025, the following assumptions must hold true:

• The value of 6 MICHAELHOUSE WAY has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The July 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MICHAELHOUSE WAY has not materially changed since July 2023.

How Large is 6 MICHAELHOUSE WAY?

6 MICHAELHOUSE WAY is 51m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Stanton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stanton, and where 6 MICHAELHOUSE WAY lies on this distribution: 5% of semi-detached houses houses are smaller than 6 MICHAELHOUSE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Stanton.

6 MICHAELHOUSE WAY: Plot and Title Map

6 MICHAELHOUSE WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 6 MICHAELHOUSE WAY, 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 MICHAELHOUSE WAY). 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 MICHAELHOUSE WAY?

6 MICHAELHOUSE WAY is located in STANTON, in the IP31 postcode district. The below map shows the position of No. 6 on MICHAELHOUSE WAY.