ELM COTTAGE, THE STREET, CONEY WESTON, BURY ST EDMUNDS, IP31 1HG - £700,000

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

ELM COTTAGE is a large detached house of 190m², built sometime between 1996 and 2002. It was last sold for £700,000 in August 2022, which was around 54% above the average August 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

ELM COTTAGE Sold Prices

Land registry data shows three sales for ELM COTTAGE 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 ELM COTTAGE 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 19 AUG	£700,000	£455,650	54% above HPI
2011 14 MAR	£330,000	£245,286	35% above HPI
2004 12 MAR	£350,000	£225,806	55% above HPI

ELM COTTAGE 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 ELM COTTAGE sales between March 2004 and August 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 March 2011 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2022 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is ELM COTTAGE?

ELM COTTAGE is 190m² according to the EPC inspection conducted in December 2010. This puts it in the largest 30% of detached houses in Coney Weston, based on EPC data. The below chart shows the distribution of detached houses by size in Coney Weston, and where ELM COTTAGE lies on this distribution: 70% of detached houses are smaller than ELM COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Coney Weston.

ELM COTTAGE: Plot and Title Map

ELM COTTAGE sits on a plot of roughly 0.457 of an acre, or 1,850m². The below map shows the location of ELM COTTAGE, 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 ELM COTTAGE). 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 ELM COTTAGE?

ELM COTTAGE is located on THE STREET in CONEY WESTON, in the IP31 postcode district. The below map shows the position of ELM COTTAGE on THE STREET.