2, GRANGE MEADOWS, ELMSWELL, BURY ST EDMUNDS, IP30 9GE - £490,000

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

2 GRANGE MEADOWS is a very large detached house of 217m², built sometime between 1991 and 1995. It was last sold for £490,000 in August 2012, which was around 93% above the average August 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

2 GRANGE MEADOWS Sold Prices

Land registry data shows three sales for 2 GRANGE MEADOWS 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. Two of the three 2 GRANGE MEADOWS sales were for above the average price, whilst one was 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
2012 24 AUG	£490,000	£253,833	93% above HPI
2009 18 FEB	£174,995	£221,218	21% below HPI
1996 30 AUG	£197,995	£77,976	154% above HPI

2 GRANGE MEADOWS 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 GRANGE MEADOWS sales between August 1996 and August 2012 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 February 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2012 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is 2 GRANGE MEADOWS?

2 GRANGE MEADOWS is 217m² according to the EPC inspection conducted in May 2010. 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 2 GRANGE MEADOWS lies on this distribution: 98% of detached houses are smaller than 2 GRANGE MEADOWS, and 2% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

2 GRANGE MEADOWS: Plot and Title Map

2 GRANGE MEADOWS sits on a plot of roughly 0.276 of an acre, or 1,118m². The below map shows the location of 2 GRANGE MEADOWS, 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 GRANGE MEADOWS). 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 GRANGE MEADOWS?

2 GRANGE MEADOWS is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 2 on GRANGE MEADOWS.