5, MILL GARDENS, ELMSWELL, BURY ST EDMUNDS, IP30 9DQ - £295,000

5 MILL GARDENS is a very small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £295,000 in June 2021, which was around 27% below the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

5 MILL GARDENS Sold Prices

Land registry data shows two sales for 5 MILL GARDENS 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 5 MILL GARDENS 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
2021 28 JUN	£295,000	£402,003	27% below HPI
1997 5 DEC	£75,000	£91,179	18% below HPI

5 MILL GARDENS 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 5 MILL GARDENS sales from December 1997 and June 2021 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 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 MILL GARDENS?

5 MILL GARDENS is 95m², which includes two extensions, according to the EPC inspection conducted in June 2018. 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 5 MILL GARDENS lies on this distribution: 20% of detached houses are smaller than 5 MILL GARDENS, and 78% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

5 MILL GARDENS: Plot and Title Map

5 MILL GARDENS sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 5 MILL GARDENS, 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 MILL GARDENS). 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 MILL GARDENS?

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