31, BLACKSMITHS WAY, ELMSWELL, BURY ST EDMUNDS, IP30 9GH - £265,000

31 BLACKSMITHS WAY is a very small extended detached house of 95m², built sometime from 2007 onwards. It was last sold for £265,000 in February 2017, which was around 24% below the average February 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

31 BLACKSMITHS WAY Sold Prices

Land registry data shows two sales for 31 BLACKSMITHS WAY 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 31 BLACKSMITHS WAY sales were for below 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
2017 15 FEB	£265,000	£350,873	24% below HPI
2008 30 JAN	£209,995	£279,298	25% below HPI

31 BLACKSMITHS WAY 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 31 BLACKSMITHS WAY sales from January 2008 and February 2017 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 January 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 31 BLACKSMITHS WAY?

31 BLACKSMITHS WAY is 95m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where 31 BLACKSMITHS WAY lies on this distribution: 20% of detached houses are smaller than 31 BLACKSMITHS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

31 BLACKSMITHS WAY: Plot and Title Map

31 BLACKSMITHS WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 31 BLACKSMITHS WAY, 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 31 BLACKSMITHS WAY). 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 31 BLACKSMITHS WAY?

31 BLACKSMITHS WAY is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 31 on BLACKSMITHS WAY.