3, SPICER WAY, GREAT CORNARD, SUDBURY, CO10 0ZH - £420,000

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

3 SPICER WAY is a midsized detached house of 107m², built sometime from 2007 onwards. It was last sold for £420,000 in June 2022, which was around 11% below the average June 2022 detached price in the Babergh local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

3 SPICER WAY Sold Prices

Land registry data shows three sales for 3 SPICER WAY 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 3 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
2022 6 JUN	£420,000	£472,519	11% below HPI
2017 28 JUL	£345,000	£399,252	14% below HPI
2007 14 DEC	£242,000	£296,389	18% below HPI

3 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 three 3 SPICER WAY sales between December 2007 and June 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 July 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 SPICER WAY?

3 SPICER WAY is 107m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses in Sudbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbury, and where 3 SPICER WAY lies on this distribution: 46% of detached houses are smaller than 3 SPICER WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

3 SPICER WAY: Plot and Title Map

3 SPICER WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 3 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 3 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 3 SPICER WAY?

3 SPICER WAY is located in GREAT CORNARD, in the CO10 postcode district. The below map shows the position of No. 3 on SPICER WAY.