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

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

MEADOWCROFT is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £258,000 in October 2014, which was around 12% 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	£292,870	12% below HPI
1997 15 AUG	£80,000	£89,741	11% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where MEADOWCROFT lies on this distribution: 18% of detached houses are smaller than MEADOWCROFT, and 82% 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.