HIGH ELMS, LOWER STREET, STUTTON, IPSWICH, IP9 2SQ - £475,000

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.

HIGH ELMS is a large extended detached house of 158m², built sometime between 1976 and 1982, which could now be worth an estimated £540,394. It was last sold for £475,000 in March 2020, which was around 13% above the average March 2020 detached price in the Babergh local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

HIGH ELMS Sold Prices

Land registry data shows two sales for HIGH ELMS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two HIGH ELMS 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
2020 27 MAR	£475,000	£419,875	13% above HPI
2019 31 OCT	£483,000	£419,348	15% above HPI

HIGH ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two HIGH ELMS sales from October 2019 and March 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 October 2019 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might HIGH ELMS be worth now?

HIGH ELMS might now be worth an estimated £540,394.

This is based on house price inflation of 13.8%, between March 2020 and May 2026, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for HIGH ELMS of £475,000 on 27th March 2020. For the value to have increased from £475,000 to £540,394 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of HIGH ELMS has moved in line with the HPI for detached houses in the Babergh local authority area.
• The March 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH ELMS has not materially changed since March 2020.

How Large is HIGH ELMS?

HIGH ELMS is 158m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses houses in Stutton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stutton, and where HIGH ELMS lies on this distribution: 77% of detached houses houses are smaller than HIGH ELMS, and 23% of houses are larger. Note that EPC data is not available for all properties in Stutton.

HIGH ELMS: Plot and Title Map

HIGH ELMS sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of HIGH 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 HIGH 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 HIGH ELMS?

HIGH ELMS is located on LOWER STREET in STUTTON, in the IP9 postcode district. The below map shows the position of HIGH ELMS on LOWER STREET.