6, PYES MEADOW, ELMSWELL, BURY ST EDMUNDS, IP30 9UF - £265,000

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

6 PYES MEADOW is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £265,000 in February 2024, which was around 37% below the average February 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

6 PYES MEADOW Sold Prices

Land registry data shows two sales for 6 PYES MEADOW 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 6 PYES MEADOW sales was for below the average price, whilst the other was 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
2024 14 FEB	£265,000	£422,343	37% below HPI
1995 31 MAY	£81,500	£76,552	6% above HPI

6 PYES MEADOW 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 6 PYES MEADOW sales from May 1995 and February 2024 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 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 PYES MEADOW?

6 PYES MEADOW is 86m² according to the EPC inspection conducted in February 2023. 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 6 PYES MEADOW lies on this distribution: 14% of detached houses are smaller than 6 PYES MEADOW, and 85% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

6 PYES MEADOW: Plot and Title Map

6 PYES MEADOW sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 6 PYES MEADOW, 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 6 PYES MEADOW). 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 6 PYES MEADOW?

6 PYES MEADOW is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 6 on PYES MEADOW.