5, CRESMEDOW WAY, ELMSWELL, BURY ST EDMUNDS, IP30 9GL - £307,000

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.

5 CRESMEDOW WAY is a small extended detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £491,854. It was last sold for £307,000 in May 2014, which was around 10% above the average May 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was C.

5 CRESMEDOW WAY Sold Prices

Land registry data shows three sales for 5 CRESMEDOW WAY 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 5 CRESMEDOW WAY 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
2014 1 MAY	£307,000	£279,851	10% above HPI
2009 25 SEP	£299,995	£247,569	21% above HPI
1998 29 MAY	£120,950	£95,340	27% above HPI

5 CRESMEDOW 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 three 5 CRESMEDOW WAY sales between May 1998 and May 2014 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 September 2009 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 CRESMEDOW WAY be worth now?

5 CRESMEDOW WAY might now be worth an estimated £491,854.

This is based on house price inflation of 60.2%, between May 2014 and June 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 60.2% inflationary increase is applied to the most recent sale price for 5 CRESMEDOW WAY of £307,000 on 1st May 2014. For the value to have increased from £307,000 to £491,854 over the ten years and eleven months to June 2025, the following assumptions must hold true:

• The value of 5 CRESMEDOW WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2014 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CRESMEDOW WAY has not materially changed since May 2014.

How Large is 5 CRESMEDOW WAY?

5 CRESMEDOW WAY is 110m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% 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 5 CRESMEDOW WAY lies on this distribution: 39% of detached houses houses are smaller than 5 CRESMEDOW WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

5 CRESMEDOW WAY: Plot and Title Map

5 CRESMEDOW WAY sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 5 CRESMEDOW 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 5 CRESMEDOW 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 5 CRESMEDOW WAY?

5 CRESMEDOW WAY is located in ELMSWELL, in the IP30 postcode district. The below map shows the position of No. 5 on CRESMEDOW WAY.