THE MILLSTONES, STATION ROAD, ELMSWELL, BURY ST EDMUNDS, IP30 9HA - £400,000

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.

THE MILLSTONES is a very large extended detached house of 262m², built sometime between 1950 and 1966, which could now be worth an estimated £699,320. It was last sold for £400,000 in October 2012, which was around 53% above the average October 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

THE MILLSTONES Sold Prices

Land registry data shows two sales for THE MILLSTONES 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 MILLSTONES 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
2012 26 OCT	£400,000	£260,726	53% above HPI
2003 5 DEC	£480,000	£218,063	120% above HPI

THE MILLSTONES 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 MILLSTONES sales from December 2003 and October 2012 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 2003 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the October 2012 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might THE MILLSTONES be worth now?

THE MILLSTONES might now be worth an estimated £699,320.

This is based on house price inflation of 74.8%, between October 2012 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 74.8% inflationary increase is applied to the most recent sale price for THE MILLSTONES of £400,000 on 26th October 2012. For the value to have increased from £400,000 to £699,320 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of THE MILLSTONES has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2012 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of THE MILLSTONES has not materially changed since October 2012.

How Large is THE MILLSTONES?

THE MILLSTONES is 262m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% 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 THE MILLSTONES lies on this distribution: More than 99% of detached houses houses are smaller than THE MILLSTONES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

THE MILLSTONES: Plot and Title Map

THE MILLSTONES sits on a plot of roughly 0.381 of an acre, or 1,541m². The below map shows the location of THE MILLSTONES, 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 MILLSTONES). 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 MILLSTONES?

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