22, BLACKSMITHS WAY, ELMSWELL, BURY ST EDMUNDS, IP30 9GH - £231,500

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

22 BLACKSMITHS WAY is a small extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £231,500 in October 2011, which was around 11% below the average October 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

22 BLACKSMITHS WAY Sold Prices

Land registry data shows two sales for 22 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 22 BLACKSMITHS WAY sales were 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
2011 13 OCT	£231,500	£258,724	11% below HPI
2007 27 APR	£244,995	£263,872	7% below HPI

22 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 22 BLACKSMITHS WAY sales from April 2007 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 April 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 22 BLACKSMITHS WAY?

22 BLACKSMITHS WAY is 109m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 22 BLACKSMITHS WAY lies on this distribution: 37% of detached houses are smaller than 22 BLACKSMITHS WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

22 BLACKSMITHS WAY: Plot and Title Map

22 BLACKSMITHS WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 22 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 22 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 22 BLACKSMITHS WAY?

22 BLACKSMITHS WAY is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 22 on BLACKSMITHS WAY.