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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GEMCOT is a midsized extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £426,614. It was last sold for £332,500 in August 2016, which was around 3% 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	£343,846	3% below HPI
2000 27 JUN	£95,000	£131,717	28% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might GEMCOT be worth now?

GEMCOT might now be worth an estimated £426,614.

This is based on house price inflation of 28.3%, between August 2016 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.3% inflationary increase is applied to the most recent sale price for GEMCOT of £332,500 on 19th August 2016. For the value to have increased from £332,500 to £426,614 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of GEMCOT has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2016 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of GEMCOT has not materially changed since August 2016.

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 houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmswell, and where GEMCOT lies on this distribution: 52% of detached houses 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.