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
11 BRICES WAY is a large extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £325,000 in July 2019, which was around 21% below the average July 2019 detached price in the Babergh local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 11 BRICES WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four 11 BRICES WAY 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 26 JUL | £325,000 | £412,895 | 21% below HPI |
2016 13 MAY | £260,000 | £363,443 | 28% below HPI |
2005 17 JUN | £152,000 | £249,406 | 39% below HPI |
1999 27 AUG | £80,000 | £110,243 | 27% below HPI |
The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 11 BRICES WAY sales between August 1999 and July 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 May 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
11 BRICES WAY is 123m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Glemsford, based on EPC data. The below chart shows the distribution of detached houses by size in Glemsford, and where 11 BRICES WAY lies on this distribution: 72% of detached houses are smaller than 11 BRICES WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Glemsford.
11 BRICES WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 11 BRICES WAY, 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 11 BRICES WAY). 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.
11 BRICES WAY is located in GLEMSFORD, in the CO10 postcode district. The below map shows the position of No. 11 on BRICES WAY.