THE LILACS, STATION ROAD, ELMSWELL, BURY ST EDMUNDS, IP30 9HA - £358,000

THE LILACS is a small extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £358,000 in February 2022, which was around 19% below the average February 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

THE LILACS Sold Prices

Land registry data shows two sales for THE LILACS 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 THE LILACS 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
2022 4 FEB	£358,000	£441,821	19% below HPI
1996 31 MAY	£70,500	£77,211	9% below HPI

THE LILACS 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 THE LILACS sales from May 1996 and February 2022 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 May 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE LILACS?

THE LILACS is 109m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Elmswell, based on EPC data. The below chart shows the distribution of detached houses by size in Elmswell, and where THE LILACS lies on this distribution: 38% of detached houses are smaller than THE LILACS, and 61% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

THE LILACS: Plot and Title Map

THE LILACS sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of THE LILACS, 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 THE LILACS). 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 THE LILACS?

THE LILACS is located on STATION ROAD in ELMSWELL, in the IP30 postcode district. The below map shows the position of THE LILACS on STATION ROAD.