2, CHESTNUT CLOSE, GREAT WALDINGFIELD, SUDBURY, CO10 0RU - £331,500

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.

2 CHESTNUT CLOSE is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £338,229. It was last sold for £331,500 in May 2022, which was around 31% below the average May 2022 detached price in the Babergh local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

2 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 2 CHESTNUT 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 2 CHESTNUT 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
2022 11 MAY	£331,500	£479,776	31% below HPI
2014 7 NOV	£215,000	£326,249	34% below HPI
2005 31 MAR	£182,500	£258,113	29% below HPI

2 CHESTNUT 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 2 CHESTNUT CLOSE sales between March 2005 and May 2022 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 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 CHESTNUT CLOSE be worth now?

2 CHESTNUT CLOSE might now be worth an estimated £338,229.

This is based on house price inflation of 2%, between May 2022 and February 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 2% inflationary increase is applied to the most recent sale price for 2 CHESTNUT CLOSE of £331,500 on 11th May 2022. For the value to have increased from £331,500 to £338,229 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The May 2022 sale price of £331,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT CLOSE has not materially changed since May 2022.

How Large is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is 85m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses houses in Great Waldingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Waldingfield, and where 2 CHESTNUT CLOSE lies on this distribution: 21% of detached houses houses are smaller than 2 CHESTNUT CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Great Waldingfield.

2 CHESTNUT CLOSE: Plot and Title Map

2 CHESTNUT CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 CHESTNUT 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 2 CHESTNUT 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 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is located in GREAT WALDINGFIELD, in the CO10 postcode district. The below map shows the position of No. 2 on CHESTNUT CLOSE.