2, ELM LODGE ROAD, LAXFIELD, WOODBRIDGE, IP13 8ET - £335,000

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.

2 ELM LODGE ROAD is a large detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £541,458. It was last sold for £335,000 in January 2014, which was around 19% above the average January 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

2 ELM LODGE ROAD Sold Prices

Land registry data shows three sales for 2 ELM LODGE ROAD 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 2 ELM LODGE ROAD 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
2014 24 JAN	£335,000	£282,020	19% above HPI
2011 23 JUN	£308,000	£251,497	22% above HPI
2003 27 JAN	£290,000	£199,176	46% above HPI

2 ELM LODGE ROAD 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 2 ELM LODGE ROAD sales between January 2003 and January 2014 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 2011 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2014 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 ELM LODGE ROAD be worth now?

2 ELM LODGE ROAD might now be worth an estimated £541,458.

This is based on house price inflation of 61.6%, between January 2014 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 61.6% inflationary increase is applied to the most recent sale price for 2 ELM LODGE ROAD of £335,000 on 24th January 2014. For the value to have increased from £335,000 to £541,458 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 ELM LODGE ROAD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2014 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM LODGE ROAD has not materially changed since January 2014.

How Large is 2 ELM LODGE ROAD?

2 ELM LODGE ROAD is 139m² according to the EPC inspection conducted in June 2009. This puts it in the largest 40% of detached houses houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laxfield, and where 2 ELM LODGE ROAD lies on this distribution: 61% of detached houses houses are smaller than 2 ELM LODGE ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

2 ELM LODGE ROAD: Plot and Title Map

2 ELM LODGE ROAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 2 ELM LODGE ROAD, 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 ELM LODGE ROAD). 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 2 ELM LODGE ROAD?

2 ELM LODGE ROAD is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 2 on ELM LODGE ROAD.