Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 THE LIMES is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £350,000 in January 2021, which was around 19% below the average January 2021 detached price in the Babergh local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 THE LIMES since 1st 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 3 THE LIMES 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 |
---|---|---|---|
2021 21 JAN | £350,000 | £429,562 | 19% below HPI |
1997 30 OCT | £89,950 | £100,002 | 10% below HPI |
The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 3 THE LIMES sales from October 1997 and January 2021 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 October 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
3 THE LIMES is 101m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses in Long Melford, based on EPC data. The below chart shows the distribution of detached houses by size in Long Melford, and where 3 THE LIMES lies on this distribution: 28% of detached houses are smaller than 3 THE LIMES, and 72% of houses are larger. Note that EPC data is not available for all properties in Long Melford.
3 THE LIMES sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 3 THE LIMES, 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 LIMES). 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.
3 THE LIMES is located in LONG MELFORD, in the CO10 postcode district. The below map shows the position of No. 3 on THE LIMES.