MEADOWCROFT, OAK LANE, ELMSWELL, BURY ST EDMUNDS, IP30 9HH - £258,000

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.

MEADOWCROFT is a very small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £392,313. It was last sold for £258,000 in October 2014, which was around 14% below the average October 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

MEADOWCROFT Sold Prices

Land registry data shows two sales for MEADOWCROFT 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 MEADOWCROFT 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
2014 6 OCT	£258,000	£299,769	14% below HPI
1997 15 AUG	£80,000	£91,855	13% below HPI

MEADOWCROFT 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 MEADOWCROFT sales from August 1997 and October 2014 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 August 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might MEADOWCROFT be worth now?

MEADOWCROFT might now be worth an estimated £392,313.

This is based on house price inflation of 52.1%, between October 2014 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 52.1% inflationary increase is applied to the most recent sale price for MEADOWCROFT of £258,000 on 6th October 2014. For the value to have increased from £258,000 to £392,313 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of MEADOWCROFT has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2014 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWCROFT has not materially changed since October 2014.

How Large is MEADOWCROFT?

MEADOWCROFT is 90m², which includes one extension, according to the EPC inspection conducted in June 2009. 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 MEADOWCROFT lies on this distribution: 17% of detached houses houses are smaller than MEADOWCROFT, and 83% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

MEADOWCROFT: Plot and Title Map

MEADOWCROFT sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of MEADOWCROFT, 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 MEADOWCROFT). 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 MEADOWCROFT?

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