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
2 CROWN MILL is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £245,000 in August 2010, which was around 6% below the average August 2010 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 2 CROWN MILL since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the five 2 CROWN MILL 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 |
---|---|---|---|
2010 19 AUG | £245,000 | £260,185 | 6% below HPI |
2009 18 AUG | £240,000 | £233,368 | 3% above HPI |
2003 27 NOV | £188,500 | £210,407 | 10% below HPI |
2000 20 OCT | £138,950 | £133,713 | 4% above HPI |
1995 31 MAR | £84,995 | £77,733 | 9% above HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The five 2 CROWN MILL sales between March 1995 and August 2010 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 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2010 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
2 CROWN MILL is 72m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 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 2 CROWN MILL lies on this distribution: 6% of detached houses are smaller than 2 CROWN MILL, and 94% of houses are larger. Note that EPC data is not available for all properties in Elmswell.
2 CROWN MILL sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 CROWN MILL, 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 2 CROWN MILL). 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.
2 CROWN MILL is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 2 on CROWN MILL.