224, PARKWOOD DRIVE, SUDBURY, CO10 1LX - £327,000

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.

224 PARKWOOD DRIVE is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £365,276. It was last sold for £327,000 in December 2020, which was around 25% below the average December 2020 detached price in the Babergh local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

224 PARKWOOD DRIVE Sold Prices

Land registry data shows three sales for 224 PARKWOOD DRIVE 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 224 PARKWOOD DRIVE 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
2020 10 DEC	£327,000	£438,220	25% below HPI
2002 26 JUL	£140,000	£193,391	28% below HPI
1997 2 MAY	£65,000	£88,413	26% below HPI

224 PARKWOOD DRIVE 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 224 PARKWOOD DRIVE sales between May 1997 and December 2020 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 July 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 224 PARKWOOD DRIVE be worth now?

224 PARKWOOD DRIVE might now be worth an estimated £365,276.

This is based on house price inflation of 11.7%, between December 2020 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 11.7% inflationary increase is applied to the most recent sale price for 224 PARKWOOD DRIVE of £327,000 on 10th December 2020. For the value to have increased from £327,000 to £365,276 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 224 PARKWOOD DRIVE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The December 2020 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 224 PARKWOOD DRIVE has not materially changed since December 2020.

How Large is 224 PARKWOOD DRIVE?

224 PARKWOOD DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% 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 224 PARKWOOD DRIVE lies on this distribution: 15% of detached houses houses are smaller than 224 PARKWOOD DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

224 PARKWOOD DRIVE: Plot and Title Map

224 PARKWOOD DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 224 PARKWOOD DRIVE, 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 224 PARKWOOD DRIVE). 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 224 PARKWOOD DRIVE?

224 PARKWOOD DRIVE is located in SUDBURY, in the CO10 postcode district. The below map shows the position of No. 224 on PARKWOOD DRIVE.