3, THE DRIFT, GREAT CORNARD, SUDBURY, CO10 0EU - £232,500

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 THE DRIFT is a very small detached house of 53m², built sometime between 1967 and 1975. It was last sold for £232,500 in February 2019, which was around 43% below the average February 2019 detached price in the Babergh local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

3 THE DRIFT Sold Prices

Land registry data shows four sales for 3 THE DRIFT since 1^st 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 3 THE DRIFT 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 11 FEB	£232,500	£408,230	43% below HPI
2014 4 JUN	£215,000	£306,513	30% below HPI
2007 20 SEP	£210,000	£299,064	30% below HPI
2004 28 MAY	£139,000	£228,238	39% below HPI

3 THE DRIFT 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 four 3 THE DRIFT sales between May 2004 and February 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 June 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 THE DRIFT?

3 THE DRIFT is 53m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 THE DRIFT lies on this distribution: 1% of detached houses are smaller than 3 THE DRIFT, and 99% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

3 THE DRIFT: Plot and Title Map

3 THE DRIFT sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 3 THE DRIFT, 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 THE DRIFT). 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 THE DRIFT?

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