THE BUNGALOW, CROSS STREET, ELMSWELL, BURY ST EDMUNDS, IP30 9DR - £492,000

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

THE BUNGALOW is a large extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £492,000 in July 2024, which was around 12% above the average July 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows four sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four THE BUNGALOW 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
2024 30 JUL	£492,000	£437,548	12% above HPI
2010 26 APR	£315,000	£259,600	21% above HPI
2000 18 JAN	£138,500	£112,969	23% above HPI
1996 30 AUG	£85,000	£77,976	9% above HPI

THE BUNGALOW 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 four THE BUNGALOW sales between August 1996 and July 2024 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 April 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2024 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 133m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where THE BUNGALOW lies on this distribution: 71% of detached houses are smaller than THE BUNGALOW, and 28% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.321 of an acre, or 1,301m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on CROSS STREET in ELMSWELL, in the IP30 postcode district. The below map shows the position of THE BUNGALOW on CROSS STREET.