THE PASTURES, ASHFIELD ROAD, ELMSWELL, BURY ST EDMUNDS, IP30 9HJ - £362,000

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 PASTURES is a very large extended detached house of 212m², built sometime between 1967 and 1975, which could now be worth an estimated £414,613. It was last sold for £362,000 in November 2020, which was around 9% below the average November 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

THE PASTURES Sold Prices

Land registry data shows four sales for THE PASTURES 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. Most of the four THE PASTURES 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
2020 19 NOV	£362,000	£397,984	9% below HPI
2014 1 AUG	£375,000	£297,118	26% above HPI
2002 9 SEP	£335,000	£188,356	78% above HPI
2001 31 AUG	£210,000	£144,689	45% above HPI

THE PASTURES 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 PASTURES sales between August 2001 and November 2020 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 August 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might THE PASTURES be worth now?

THE PASTURES might now be worth an estimated £414,613.

This is based on house price inflation of 14.5%, between November 2020 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 14.5% inflationary increase is applied to the most recent sale price for THE PASTURES of £362,000 on 19th November 2020. For the value to have increased from £362,000 to £414,613 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of THE PASTURES has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2020 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of THE PASTURES has not materially changed since November 2020.

How Large is THE PASTURES?

THE PASTURES is 212m², which includes three extensions, according to the EPC inspection conducted in September 2020. 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 PASTURES lies on this distribution: 97% of detached houses houses are smaller than THE PASTURES, and 3% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

THE PASTURES: Plot and Title Map

THE PASTURES sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of THE PASTURES, 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 PASTURES). 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 PASTURES?

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