7, THE ELMS, HORRINGER, BURY ST EDMUNDS, IP29 5SE - £207,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 THE ELMS is a small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £347,352. It was last sold for £207,000 in February 2013, which was around 23% below the average February 2013 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

7 THE ELMS Sold Prices

Land registry data shows three sales for 7 THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 7 THE ELMS 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
2013 15 FEB	£207,000	£268,480	23% below HPI
2005 23 NOV	£197,500	£243,901	19% below HPI
1998 30 OCT	£75,500	£103,546	27% below HPI

7 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 three 7 THE ELMS sales between October 1998 and February 2013 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 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 THE ELMS be worth now?

7 THE ELMS might now be worth an estimated £347,352.

This is based on house price inflation of 67.8%, between February 2013 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.8% inflationary increase is applied to the most recent sale price for 7 THE ELMS of £207,000 on 15th February 2013. For the value to have increased from £207,000 to £347,352 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 7 THE ELMS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The February 2013 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE ELMS has not materially changed since February 2013.

How Large is 7 THE ELMS?

7 THE ELMS is 82m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horringer, and where 7 THE ELMS lies on this distribution: 21% of detached houses houses are smaller than 7 THE ELMS, and 77% of houses are larger. Note that EPC data is not available for all properties in Horringer.

7 THE ELMS: Plot and Title Map

7 THE ELMS sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 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 7 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 7 THE ELMS?

7 THE ELMS is located in HORRINGER, in the IP29 postcode district. The below map shows the position of No. 7 on THE ELMS.