GEMCOT, HAWK END LANE, ELMSWELL, BURY ST EDMUNDS, IP30 9ED - £332,500

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

GEMCOT is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £332,500 in August 2016, which was around 1% below the average August 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

GEMCOT Sold Prices

Land registry data shows two sales for GEMCOT 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 GEMCOT 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
2016 19 AUG	£332,500	£335,932	1% below HPI
2000 27 JUN	£95,000	£128,686	26% below HPI

GEMCOT 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 GEMCOT sales from June 2000 and August 2016 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 June 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is GEMCOT?

GEMCOT is 119m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 GEMCOT lies on this distribution: 52% of detached houses are smaller than GEMCOT, and 46% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

GEMCOT: Plot and Title Map

GEMCOT sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of GEMCOT, 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 GEMCOT). 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 GEMCOT?

GEMCOT is located on HAWK END LANE in ELMSWELL, in the IP30 postcode district. The below map shows the position of GEMCOT on HAWK END LANE.