27, BLACKSMITHS WAY, ELMSWELL, BURY ST EDMUNDS, IP30 9GH - £310,000

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

27 BLACKSMITHS WAY is a small detached house of 95m², built sometime from 2007 onwards. It was last sold for £310,000 in August 2020, which was around 16% below the average August 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

27 BLACKSMITHS WAY Sold Prices

Land registry data shows three sales for 27 BLACKSMITHS WAY 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 27 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
2020 10 AUG	£310,000	£369,411	16% below HPI
2014 29 JUL	£235,000	£289,270	19% below HPI
2007 30 NOV	£214,995	£279,161	23% below HPI

27 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 three 27 BLACKSMITHS WAY sales between November 2007 and August 2020 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 July 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 27 BLACKSMITHS WAY?

27 BLACKSMITHS WAY is 95m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 27 BLACKSMITHS WAY lies on this distribution: 20% of detached houses are smaller than 27 BLACKSMITHS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

27 BLACKSMITHS WAY: Plot and Title Map

27 BLACKSMITHS WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 27 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 27 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 27 BLACKSMITHS WAY?

27 BLACKSMITHS WAY is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 27 on BLACKSMITHS WAY.