SUMMER HOUSE, HAWK END LANE, ELMSWELL, BURY ST EDMUNDS, IP30 9ED - £500,000

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.

SUMMER HOUSE is a very large extended detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £578,233. It was last sold for £500,000 in June 2021, which was around 27% above the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

SUMMER HOUSE Sold Prices

Land registry data shows two sales for SUMMER HOUSE 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 SUMMER HOUSE 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
2021 22 JUN	£500,000	£394,155	27% above HPI
2002 20 DEC	£250,000	£196,979	27% above HPI

SUMMER HOUSE 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 SUMMER HOUSE sales from December 2002 and June 2021 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 December 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2021 sale, which was also at 27% above the HPI.

What might SUMMER HOUSE be worth now?

SUMMER HOUSE might now be worth an estimated £578,233.

This is based on house price inflation of 15.6%, between June 2021 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 15.6% inflationary increase is applied to the most recent sale price for SUMMER HOUSE of £500,000 on 22nd June 2021. For the value to have increased from £500,000 to £578,233 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of SUMMER HOUSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMER HOUSE has not materially changed since June 2021.

How Large is SUMMER HOUSE?

SUMMER HOUSE is 155m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the largest 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 SUMMER HOUSE lies on this distribution: 86% of detached houses houses are smaller than SUMMER HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

SUMMER HOUSE: Plot and Title Map

SUMMER HOUSE sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of SUMMER HOUSE, 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 SUMMER HOUSE). 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 SUMMER HOUSE?

SUMMER HOUSE is located on HAWK END LANE in ELMSWELL, in the IP30 postcode district. The below map shows the position of SUMMER HOUSE on HAWK END LANE.