11, THE ELMS, HORRINGER, BURY ST EDMUNDS, IP29 5SE - £390,000

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.

11 THE ELMS is a small detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £455,860. It was last sold for £390,000 in June 2020, which was about the average June 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

11 THE ELMS Sold Prices

Land registry data shows three sales for 11 THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. The three 11 THE ELMS sales were a mix of roughly equal to the average price, and 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 JUN	£390,000	£390,530	Close to HPI
2012 18 MAY	£270,000	£260,409	4% above HPI
1995 28 JUL	£91,000	£80,170	14% above HPI

11 THE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 11 THE ELMS sales between July 1995 and June 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 May 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 11 THE ELMS be worth now?

11 THE ELMS might now be worth an estimated £455,860.

This is based on house price inflation of 16.9%, between June 2020 and June 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 11 THE ELMS of £390,000 on 19th June 2020. For the value to have increased from £390,000 to £455,860 over the five years to June 2025, the following assumptions must hold true:

• The value of 11 THE ELMS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE ELMS has not materially changed since June 2020.

How Large is 11 THE ELMS?

11 THE ELMS is 111m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses houses in Horringer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horringer, and where 11 THE ELMS lies on this distribution: 39% of detached houses houses are smaller than 11 THE ELMS, and 61% of houses are larger. Note that EPC data is not available for all properties in Horringer.

11 THE ELMS: Plot and Title Map

11 THE ELMS sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 11 THE ELMS, 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 11 THE ELMS). 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 11 THE ELMS?

11 THE ELMS is located in HORRINGER, in the IP29 postcode district. The below map shows the position of No. 11 on THE ELMS.