ELM TREE FARMHOUSE, THRANDESTON ROAD, MELLIS, EYE, IP23 8DR - £730,000

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 TREE FARMHOUSE is a large extended detached house of 191m², built sometime before 1900. It was last sold for £730,000 in December 2023, which was around 72% above the average December 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was F, and the potential energy rating was D.

ELM TREE FARMHOUSE Sold Prices

Land registry data shows two sales for ELM TREE FARMHOUSE 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 ELM TREE FARMHOUSE 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
2023 8 DEC	£730,000	£424,290	72% above HPI
2016 4 MAR	£427,500	£324,508	32% above HPI

ELM TREE FARMHOUSE 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 ELM TREE FARMHOUSE sales from March 2016 and December 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 March 2016 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2023 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is ELM TREE FARMHOUSE?

ELM TREE FARMHOUSE is 191m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Mellis, based on EPC data. The below chart shows the distribution of detached houses by size in Mellis, and where ELM TREE FARMHOUSE lies on this distribution: 67% of detached houses are smaller than ELM TREE FARMHOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Mellis.

ELM TREE FARMHOUSE: Plot and Title Map

ELM TREE FARMHOUSE sits on a plot of roughly 0.524 of an acre, or 2,120m². The below map shows the location of ELM TREE FARMHOUSE, 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 TREE FARMHOUSE). 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 TREE FARMHOUSE?

ELM TREE FARMHOUSE is located on THRANDESTON ROAD in MELLIS, in the IP23 postcode district. The below map shows the position of ELM TREE FARMHOUSE on THRANDESTON ROAD.