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

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 GRANGE MEADOWS is a very large detached house of 217m², built sometime between 1991 and 1995, which could now be worth an estimated £859,677. It was last sold for £490,000 in August 2012, which was around 89% 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	£259,813	89% above HPI
2009 18 FEB	£174,995	£226,430	23% below HPI
1996 30 AUG	£197,995	£79,813	148% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2012 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 2 GRANGE MEADOWS be worth now?

2 GRANGE MEADOWS might now be worth an estimated £859,677.

This is based on house price inflation of 75.4%, between August 2012 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 75.4% inflationary increase is applied to the most recent sale price for 2 GRANGE MEADOWS of £490,000 on 24th August 2012. For the value to have increased from £490,000 to £859,677 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 GRANGE MEADOWS has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2012 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRANGE MEADOWS has not materially changed since August 2012.

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 houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmswell, and where 2 GRANGE MEADOWS lies on this distribution: 98% of detached houses 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.