THE LODGE, WARREN CLOSE, ELMSWELL, BURY ST EDMUNDS, IP30 9DS - £309,000

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 LODGE is a very large extended detached house of 173m², built sometime between 2003 and 2006. It was last sold for £309,000 in May 2013, which was around 21% above the average May 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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 THE LODGE 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
2013 23 MAY	£309,000	£255,389	21% above HPI
2004 16 JUN	£273,000	£214,372	27% above HPI

THE LODGE 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 THE LODGE sales from June 2004 and May 2013 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 June 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2013 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is THE LODGE?

THE LODGE is 173m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% 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 LODGE lies on this distribution: 91% of detached houses are smaller than THE LODGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of THE LODGE, 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 LODGE). 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 LODGE?

THE LODGE is located on WARREN CLOSE in ELMSWELL, in the IP30 postcode district. The below map shows the position of THE LODGE on WARREN CLOSE.