2, SPICER WAY, GREAT CORNARD, SUDBURY, CO10 0ZH - £272,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SPICER WAY is a midsized detached house of 113m², built sometime between 2003 and 2006. It was last sold for £272,500 in September 2016, which was around 28% below the average September 2016 detached price in the Babergh local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

2 SPICER WAY Sold Prices

Land registry data shows two sales for 2 SPICER WAY 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 2 SPICER 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
2016 30 SEP	£272,500	£379,405	28% below HPI
2007 8 JUN	£219,950	£291,230	24% below HPI

2 SPICER WAY 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 2 SPICER WAY sales from June 2007 and September 2016 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 SPICER WAY be worth now?

2 SPICER WAY might now be worth an estimated £347,577.

This is based on house price inflation of 27.6%, between September 2016 and December 2024, 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 27.6% inflationary increase is applied to the most recent sale price for 2 SPICER WAY of £272,500 on 30th September 2016. For the value to have increased from £272,500 to £347,577 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 SPICER WAY has moved in line with the HPI for detached houses in the Babergh local authority area.
• The September 2016 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPICER WAY has not materially changed since September 2016.

How Large is 2 SPICER WAY?

2 SPICER WAY is 113m² according to the EPC inspection conducted in February 2016. This puts it in the largest 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 2 SPICER WAY lies on this distribution: 53% of detached houses houses are smaller than 2 SPICER WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

2 SPICER WAY: Plot and Title Map

2 SPICER WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 2 SPICER 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 2 SPICER 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.

Where is 2 SPICER WAY?

2 SPICER WAY is located in GREAT CORNARD, in the CO10 postcode district. The below map shows the position of No. 2 on SPICER WAY.