THE WILLOWS, WARREN LANE, ELMSWELL, BURY ST EDMUNDS, IP30 9DT - £365,000

THE WILLOWS is a very large detached house of 171m², built sometime between 1950 and 1966. It was last sold for £365,000 in June 2019, which was about the average June 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS 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. The three THE WILLOWS sales were a mix of roughly equal to the average price, and 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
2019 28 JUN	£365,000	£364,556	Close to HPI
2001 28 SEP	£139,000	£148,071	6% below HPI
1998 14 OCT	£90,000	£101,611	11% below HPI

THE WILLOWS 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 THE WILLOWS sales between October 1998 and June 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 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 171m² according to the EPC inspection conducted in January 2019. 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 THE WILLOWS lies on this distribution: 90% of detached houses are smaller than THE WILLOWS, and 9% of houses are larger. Note that EPC data is not available for all properties in Elmswell.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on WARREN LANE in ELMSWELL, in the IP30 postcode district. The below map shows the position of THE WILLOWS on WARREN LANE.