LONG ACRE, SPONG LANE, ELMSWELL, BURY ST EDMUNDS, IP30 9DX - £635,000

LONG ACRE is a very large extended detached house of 219m², built sometime between 1950 and 1966. It was last sold for £635,000 in October 2019, which was around 68% above the average October 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

LONG ACRE Sold Prices

Land registry data shows three sales for LONG ACRE 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 LONG ACRE 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
2019 4 OCT	£635,000	£378,702	68% above HPI
2011 21 SEP	£565,000	£255,130	121% above HPI
1998 16 APR	£175,000	£93,788	87% above HPI

LONG ACRE 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 LONG ACRE sales between April 1998 and October 2019 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 2011 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the October 2019 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is LONG ACRE?

LONG ACRE is 219m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 10% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where LONG ACRE lies on this distribution: 99% of detached houses are smaller than LONG ACRE, and 1% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

LONG ACRE: Plot and Title Map

LONG ACRE sits on a plot of roughly 1.0 acres, or 4,185m². The below map shows the location of LONG ACRE, 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 LONG ACRE). 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 LONG ACRE?

LONG ACRE is located on SPONG LANE in ELMSWELL, in the IP30 postcode district. The below map shows the position of LONG ACRE on SPONG LANE.