1, MELSO CLOSE, GREAT CORNARD, SUDBURY, CO10 0HR - £300,000

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.

1 MELSO CLOSE is a midsized detached house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £343,278. It was last sold for £300,000 in August 2019, which was around 30% below the average August 2019 detached price in the Babergh local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

1 MELSO CLOSE Sold Prices

Land registry data shows three sales for 1 MELSO CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 1 MELSO CLOSE 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
2019 23 AUG	£300,000	£429,197	30% below HPI
2013 18 OCT	£198,000	£299,573	34% below HPI
2006 1 DEC	£229,995	£282,412	19% below HPI

1 MELSO CLOSE 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 three 1 MELSO CLOSE sales between December 2006 and August 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 October 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 MELSO CLOSE be worth now?

1 MELSO CLOSE might now be worth an estimated £343,278.

This is based on house price inflation of 14.4%, between August 2019 and March 2025, 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 14.4% inflationary increase is applied to the most recent sale price for 1 MELSO CLOSE of £300,000 on 23rd August 2019. For the value to have increased from £300,000 to £343,278 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of 1 MELSO CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The August 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MELSO CLOSE has not materially changed since August 2019.

How Large is 1 MELSO CLOSE?

1 MELSO CLOSE is 105m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses houses in Sudbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sudbury, and where 1 MELSO CLOSE lies on this distribution: 44% of detached houses houses are smaller than 1 MELSO CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

1 MELSO CLOSE: Plot and Title Map

1 MELSO CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 1 MELSO CLOSE, 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 1 MELSO CLOSE). 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 1 MELSO CLOSE?

1 MELSO CLOSE is located in GREAT CORNARD, in the CO10 postcode district. The below map shows the position of No. 1 on MELSO CLOSE.