PIPPINS, STATION ROAD, ELMSWELL, BURY ST EDMUNDS, IP30 9HD - £355,000

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.

PIPPINS is a large extended detached house of 126m², built sometime between 1900 and 1929, which could now be worth an estimated £470,614. It was last sold for £355,000 in August 2016, which was around 3% above the average August 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

PIPPINS Sold Prices

Land registry data shows five sales for PIPPINS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the five PIPPINS sales were for above 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 11 AUG	£355,000	£343,846	3% above HPI
2010 12 FEB	£125,000	£256,510	51% below HPI
2004 28 JUL	£250,000	£226,584	10% above HPI
2004 19 FEB	£249,950	£216,490	15% above HPI
2002 15 MAY	£218,000	£173,847	25% above HPI

PIPPINS 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 five PIPPINS sales between May 2002 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 February 2010 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might PIPPINS be worth now?

PIPPINS might now be worth an estimated £470,614.

This is based on house price inflation of 32.6%, between August 2016 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 32.6% inflationary increase is applied to the most recent sale price for PIPPINS of £355,000 on 11th August 2016. For the value to have increased from £355,000 to £470,614 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of PIPPINS has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of PIPPINS has not materially changed since August 2016.

How Large is PIPPINS?

PIPPINS is 126m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% 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 PIPPINS lies on this distribution: 64% of detached houses houses are smaller than PIPPINS, and 34% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on STATION ROAD in ELMSWELL, in the IP30 postcode district. The below map shows the position of PIPPINS on STATION ROAD.