17, BLACKSMITHS WAY, ELMSWELL, BURY ST EDMUNDS, IP30 9GH - £420,000

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

17 BLACKSMITHS WAY is a very large extended detached house of 186m², built sometime from 2007 onwards. It was last sold for £420,000 in October 2011, which was around 62% above the average October 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

17 BLACKSMITHS WAY Sold Prices

Land registry data shows two sales for 17 BLACKSMITHS WAY 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 17 BLACKSMITHS WAY 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
2011 14 OCT	£420,000	£258,724	62% above HPI
2008 20 MAR	£360,000	£268,419	34% above HPI

17 BLACKSMITHS WAY 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 17 BLACKSMITHS WAY sales from March 2008 and October 2011 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 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2011 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 17 BLACKSMITHS WAY?

17 BLACKSMITHS WAY is 186m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 10% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 17 BLACKSMITHS WAY lies on this distribution: 94% of detached houses are smaller than 17 BLACKSMITHS WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

17 BLACKSMITHS WAY: Plot and Title Map

17 BLACKSMITHS WAY sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of 17 BLACKSMITHS 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 17 BLACKSMITHS 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 17 BLACKSMITHS WAY?

17 BLACKSMITHS WAY is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 17 on BLACKSMITHS WAY.