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
3 ELM LODGE ROAD is a midsized detached house of 130m², built sometime between 1996 and 2002. It was last sold for £325,000 in July 2012, which was around 28% above the average July 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 ELM LODGE ROAD since 1st 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 3 ELM LODGE ROAD 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 19 JUL | £325,000 | £253,825 | 28% above HPI |
2004 27 AUG | £317,000 | £227,894 | 39% above HPI |
2002 4 OCT | £60,000 | £186,670 | 68% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 3 ELM LODGE ROAD sales between October 2002 and July 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 August 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2012 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.
3 ELM LODGE ROAD is 130m² according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses by size in Laxfield, and where 3 ELM LODGE ROAD lies on this distribution: 56% of detached houses are smaller than 3 ELM LODGE ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Laxfield.
3 ELM LODGE ROAD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 3 ELM LODGE ROAD, 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 3 ELM LODGE ROAD). 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.
3 ELM LODGE ROAD is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 3 on ELM LODGE ROAD.