1, MORTLOCKS, LAVENHAM, SUDBURY, CO10 9QF - £575,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MORTLOCKS is a large extended detached house of 155m², built sometime between 1996 and 2002. It was last sold for £575,000 in January 2024, which was around 23% above the average January 2024 detached price in the Babergh local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

1 MORTLOCKS Sold Prices

Land registry data shows two sales for 1 MORTLOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 1 MORTLOCKS 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
2024 12 JAN	£575,000	£465,596	23% above HPI
1998 30 JUN	£119,000	£101,538	17% above HPI

1 MORTLOCKS 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 two 1 MORTLOCKS sales from June 1998 and January 2024 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 June 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 1 MORTLOCKS?

1 MORTLOCKS is 155m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Lavenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lavenham, and where 1 MORTLOCKS lies on this distribution: 66% of detached houses are smaller than 1 MORTLOCKS, and 34% of houses are larger. Note that EPC data is not available for all properties in Lavenham.

1 MORTLOCKS: Plot and Title Map

1 MORTLOCKS sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 1 MORTLOCKS, 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 MORTLOCKS). 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 MORTLOCKS?

1 MORTLOCKS is located in LAVENHAM, in the CO10 postcode district. The below map shows the position of No. 1 on MORTLOCKS.