1, LYLE CLOSE, ELMSWELL, BURY ST EDMUNDS, IP30 9GZ - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LYLE CLOSE is a midsized detached house of 122m², built sometime between 2003 and 2006. It was last sold for £405,000 in February 2017, which was around 15% above the average February 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

1 LYLE CLOSE Sold Prices

Land registry data shows three sales for 1 LYLE CLOSE 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 1 LYLE CLOSE 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
2017 3 FEB	£405,000	£350,873	15% above HPI
2007 11 APR	£327,500	£263,872	24% above HPI
2003 11 JUL	£260,000	£198,473	31% above HPI

1 LYLE CLOSE 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 1 LYLE CLOSE sales between July 2003 and February 2017 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 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 LYLE CLOSE?

1 LYLE CLOSE is 122m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 1 LYLE CLOSE lies on this distribution: 60% of detached houses are smaller than 1 LYLE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

1 LYLE CLOSE: Plot and Title Map

1 LYLE CLOSE sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 1 LYLE CLOSE, 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 1 LYLE CLOSE). 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 1 LYLE CLOSE?

1 LYLE CLOSE is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 1 on LYLE CLOSE.