TREE VIEW, ASHFIELD ROAD, ELMSWELL, BURY ST EDMUNDS, IP30 9HJ - £420,000

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

TREE VIEW is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £420,000 in December 2019, which was around 13% above the average December 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

TREE VIEW Sold Prices

Land registry data shows three sales for TREE VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three TREE VIEW 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
2019 18 DEC	£420,000	£370,311	13% above HPI
2013 6 DEC	£295,000	£272,539	8% above HPI
1996 16 DEC	£114,500	£81,742	40% above HPI

TREE VIEW 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 three TREE VIEW sales between December 1996 and December 2019 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 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is TREE VIEW?

TREE VIEW is 142m² according to the EPC inspection conducted in June 2019. 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 TREE VIEW lies on this distribution: 77% of detached houses are smaller than TREE VIEW, and 23% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

TREE VIEW: Plot and Title Map

TREE VIEW sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of TREE VIEW, 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 TREE VIEW). 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 TREE VIEW?

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