56, EASTERN WAY, ELMSWELL, BURY ST. EDMUNDS, IP30 9DP - £137,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

56 EASTERN WAY is a very large extended detached house of 152m², built sometime between 1976 and 1982, which could now be worth an estimated £264,297. It was last sold for £137,500 in January 2009, which was around 42% below the average January 2009 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

56 EASTERN WAY Sold Prices

Land registry data shows two sales for 56 EASTERN 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 56 EASTERN 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
2009 26 JAN	£137,500	£237,143	42% below HPI
2003 21 NOV	£128,000	£215,363	41% below HPI

56 EASTERN 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 56 EASTERN WAY sales from November 2003 and January 2009 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 November 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2009 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 56 EASTERN WAY be worth now?

56 EASTERN WAY might now be worth an estimated £264,297.

This is based on house price inflation of 92.2%, between January 2009 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.2% inflationary increase is applied to the most recent sale price for 56 EASTERN WAY of £137,500 on 26th January 2009. For the value to have increased from £137,500 to £264,297 over the fifteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 56 EASTERN WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2009 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 56 EASTERN WAY has not materially changed since January 2009.

How Large is 56 EASTERN WAY?

56 EASTERN WAY is 152m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmswell, and where 56 EASTERN WAY lies on this distribution: 82% of detached houses houses are smaller than 56 EASTERN WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

56 EASTERN WAY: Plot and Title Map

56 EASTERN WAY sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 56 EASTERN 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 56 EASTERN 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 56 EASTERN WAY?

56 EASTERN WAY is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 56 on EASTERN WAY.