24, MILL GARDENS, ELMSWELL, BURY ST EDMUNDS, IP30 9DQ - £345,000

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

24 MILL GARDENS is a large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £345,000 in March 2016, which was around 6% above the average March 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

24 MILL GARDENS Sold Prices

Land registry data shows two sales for 24 MILL GARDENS 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. One of the two 24 MILL GARDENS sales was for above the average price, whilst the other 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
2016 31 MAR	£345,000	£324,508	6% above HPI
2001 17 MAY	£123,000	£128,843	5% below HPI

24 MILL GARDENS 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 24 MILL GARDENS sales from May 2001 and March 2016 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 May 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 24 MILL GARDENS?

24 MILL GARDENS is 141m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 24 MILL GARDENS lies on this distribution: 76% of detached houses are smaller than 24 MILL GARDENS, and 24% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

24 MILL GARDENS: Plot and Title Map

24 MILL GARDENS sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 24 MILL GARDENS, 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 24 MILL GARDENS). 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 24 MILL GARDENS?

24 MILL GARDENS is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 24 on MILL GARDENS.