BUTTERFLY BARN, GISLINGHAM ROAD, FINNINGHAM, STOWMARKET, IP14 4JA - £400,000

BUTTERFLY BARN is a very small detached house of 125m², built sometime between 2003 and 2006. It was last sold for £400,000 in November 2015, which was around 24% above the average November 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

BUTTERFLY BARN Sold Prices

Land registry data shows two sales for BUTTERFLY BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two BUTTERFLY BARN sales was for above the average price, whilst the other was 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
2015 13 NOV	£400,000	£322,215	24% above HPI
1999 11 JUN	£63,000	£105,761	40% below HPI

BUTTERFLY BARN 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 two BUTTERFLY BARN sales from June 1999 and November 2015 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 June 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2015 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is BUTTERFLY BARN?

BUTTERFLY BARN is 125m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses by size in Finningham, and where BUTTERFLY BARN lies on this distribution: 12% of detached houses are smaller than BUTTERFLY BARN, and 88% of houses are larger. Note that EPC data is not available for all properties in Finningham.

BUTTERFLY BARN: Plot and Title Map

BUTTERFLY BARN sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of BUTTERFLY BARN, 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 BUTTERFLY BARN). 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 BUTTERFLY BARN?

BUTTERFLY BARN is located on GISLINGHAM ROAD in FINNINGHAM, in the IP14 postcode district. The below map shows the position of BUTTERFLY BARN on GISLINGHAM ROAD.