GRANTROSE, ROSE LANE, ELMSWELL, BURY ST EDMUNDS, IP30 9EB - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GRANTROSE is a very small detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £338,376. It was last sold for £285,000 in July 2018, which was around 26% below the average July 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

GRANTROSE Sold Prices

Land registry data shows three sales for GRANTROSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three GRANTROSE 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
2018 20 JUL	£285,000	£383,924	26% below HPI
2015 30 SEP	£250,000	£317,799	21% below HPI
2006 9 OCT	£185,000	£264,426	30% below HPI

GRANTROSE 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 three GRANTROSE sales between October 2006 and July 2018 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 September 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might GRANTROSE be worth now?

GRANTROSE might now be worth an estimated £338,376.

This is based on house price inflation of 18.7%, between July 2018 and February 2025, 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 18.7% inflationary increase is applied to the most recent sale price for GRANTROSE of £285,000 on 20th July 2018. For the value to have increased from £285,000 to £338,376 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of GRANTROSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of GRANTROSE has not materially changed since July 2018.

How Large is GRANTROSE?

GRANTROSE is 87m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 GRANTROSE lies on this distribution: 15% of detached houses houses are smaller than GRANTROSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

GRANTROSE: Plot and Title Map

GRANTROSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of GRANTROSE, 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 GRANTROSE). 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 GRANTROSE?

GRANTROSE is located on ROSE LANE in ELMSWELL, in the IP30 postcode district. The below map shows the position of GRANTROSE on ROSE LANE.