8, CROWN MILL, ELMSWELL, BURY ST EDMUNDS, IP30 9GF - £337,500

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

8 CROWN MILL is a midsized detached house of 115m², built sometime between 1991 and 1995. It was last sold for £337,500 in September 2023, which was around 21% below the average September 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

8 CROWN MILL Sold Prices

Land registry data shows five sales for 8 CROWN MILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five 8 CROWN MILL 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
2023 1 SEP	£337,500	£425,908	21% below HPI
2016 15 JUL	£285,000	£332,959	14% below HPI
2011 3 JUN	£210,000	£245,708	15% below HPI
2005 15 JUL	£197,000	£234,808	16% below HPI
2001 14 SEP	£110,000	£148,071	26% below HPI

8 CROWN MILL 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 five 8 CROWN MILL sales between September 2001 and September 2023 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 July 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 CROWN MILL?

8 CROWN MILL is 115m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 50% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 8 CROWN MILL lies on this distribution: 49% of detached houses are smaller than 8 CROWN MILL, and 51% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

8 CROWN MILL: Plot and Title Map

8 CROWN MILL sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 8 CROWN MILL, 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 8 CROWN MILL). 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 8 CROWN MILL?

8 CROWN MILL is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 8 on CROWN MILL.