1, PALMERSWENT CLOSE, LONG MELFORD, SUDBURY, CO10 9TG - £375,000

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 PALMERSWENT CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £375,000 in March 2019, which was around 10% below the average March 2019 detached price in the Babergh local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

1 PALMERSWENT CLOSE Sold Prices

Land registry data shows three sales for 1 PALMERSWENT 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 PALMERSWENT 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 29 MAR	£375,000	£418,234	10% below HPI
2013 8 NOV	£230,000	£288,730	20% below HPI
1999 15 OCT	£108,500	£120,305	10% below HPI

1 PALMERSWENT 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 PALMERSWENT CLOSE sales between October 1999 and March 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 November 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 PALMERSWENT CLOSE?

1 PALMERSWENT CLOSE is 74m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Long Melford, based on EPC data. The below chart shows the distribution of detached houses by size in Long Melford, and where 1 PALMERSWENT CLOSE lies on this distribution: 5% of detached houses are smaller than 1 PALMERSWENT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Long Melford.

1 PALMERSWENT CLOSE: Plot and Title Map

1 PALMERSWENT CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1 PALMERSWENT 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 PALMERSWENT 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 PALMERSWENT CLOSE?

1 PALMERSWENT CLOSE is located in LONG MELFORD, in the CO10 postcode district. The below map shows the position of No. 1 on PALMERSWENT CLOSE.