12A, MILL GARDENS, ELMSWELL, BURY ST EDMUNDS, IP30 9DQ - £255,000

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.

12A MILL GARDENS is a very small detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £274,635. It was last sold for £255,000 in November 2021, which was around 40% below the average November 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

12A MILL GARDENS Sold Prices

Land registry data shows two sales for 12A MILL GARDENS 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. Both of the two 12A MILL GARDENS 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
2021 1 NOV	£255,000	£423,238	40% below HPI
2006 18 AUG	£46,200	£257,390	82% below HPI

12A MILL GARDENS 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 12A MILL GARDENS sales from August 2006 and November 2021 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 August 2006 sale was for 82% below the HPI. So the extrapolation line tracks at 82% below the HPI over time, until the November 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 12A MILL GARDENS be worth now?

12A MILL GARDENS might now be worth an estimated £274,635.

This is based on house price inflation of 7.7%, between November 2021 and February 2025, 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 7.7% inflationary increase is applied to the most recent sale price for 12A MILL GARDENS of £255,000 on 1st November 2021. For the value to have increased from £255,000 to £274,635 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 12A MILL GARDENS has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 12A MILL GARDENS has not materially changed since November 2021.

How Large is 12A MILL GARDENS?

12A MILL GARDENS is 55m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmswell, and where 12A MILL GARDENS lies on this distribution: Less than 1% of detached houses houses are smaller than 12A MILL GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

12A MILL GARDENS: Plot and Title Map

12A MILL GARDENS sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 12A MILL GARDENS, 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 12A MILL GARDENS). 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 12A MILL GARDENS?

12A MILL GARDENS is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 12A on MILL GARDENS.