3, THE ELMS, HORRINGER, BURY ST EDMUNDS, IP29 5SE - £465,000

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

3 THE ELMS is a midsized extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £465,000 in July 2022, which was around 4% above the average July 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

3 THE ELMS Sold Prices

Land registry data shows four sales for 3 THE ELMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Most of the four 3 THE ELMS sales were for above 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
2022 29 JUL	£465,000	£448,889	4% above HPI
2017 9 JUN	£380,000	£361,913	5% above HPI
2012 21 MAY	£245,000	£257,079	5% below HPI
1997 21 NOV	£115,000	£92,730	24% above HPI

3 THE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The four 3 THE ELMS sales between November 1997 and July 2022 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 June 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 THE ELMS?

3 THE ELMS is 127m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses by size in Horringer, and where 3 THE ELMS lies on this distribution: 49% of detached houses are smaller than 3 THE ELMS, and 49% of houses are larger. Note that EPC data is not available for all properties in Horringer.

3 THE ELMS: Plot and Title Map

3 THE ELMS sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 3 THE ELMS, 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 THE ELMS). 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 3 THE ELMS?

3 THE ELMS is located in HORRINGER, in the IP29 postcode district. The below map shows the position of No. 3 on THE ELMS.