2, BLACKSMITHS WAY, ELMSWELL, BURY ST EDMUNDS, IP30 9GH - £205,000

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.

2 BLACKSMITHS WAY is a terraced house, which could now be worth an estimated £339,969. It was last sold for £205,000 in February 2013, which was around 52% above the average February 2013 terraced price in the Mid Suffolk local authority area.

2 BLACKSMITHS WAY Sold Prices

Land registry data shows three sales for 2 BLACKSMITHS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 2 BLACKSMITHS 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
2013 22 FEB	£205,000	£134,836	52% above HPI
2008 30 SEP	£192,000	£146,275	31% above HPI
2007 29 MAR	£199,995	£144,435	38% above HPI

What might 2 BLACKSMITHS WAY be worth now?

2 BLACKSMITHS WAY might now be worth an estimated £339,969.

This is based on house price inflation of 65.8%, between February 2013 and May 2026, for terraced 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 65.8% inflationary increase is applied to the most recent sale price for 2 BLACKSMITHS WAY of £205,000 on 22nd February 2013. For the value to have increased from £205,000 to £339,969 over the twelve years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 BLACKSMITHS WAY has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The February 2013 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BLACKSMITHS WAY has not materially changed since February 2013.

Where is 2 BLACKSMITHS WAY?

2 BLACKSMITHS WAY is located in ELMSWELL, in the IP30 postcode district.