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
40 MEADOW LANE is a large extended semi-detached house of 122m², built sometime between 1996 and 2002. It was last sold for £400,000 in June 2021, which was around 6% below the average June 2021 detached price in the Babergh local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 40 MEADOW LANE since 1st 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. Most of the four 40 MEADOW LANE 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 29 JUN | £400,000 | £426,720 | 6% below HPI |
2014 29 JUL | £280,000 | £313,994 | 11% below HPI |
2003 21 NOV | £265,000 | £225,938 | 17% above HPI |
2000 20 JAN | £110,000 | £120,019 | 8% below HPI |
The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 40 MEADOW LANE sales between January 2000 and June 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 July 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
40 MEADOW LANE is 122m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the largest 40% of detached houses in Sudbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbury, and where 40 MEADOW LANE lies on this distribution: 64% of detached houses are smaller than 40 MEADOW LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Sudbury.
40 MEADOW LANE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 40 MEADOW LANE, 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 40 MEADOW LANE). 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.
40 MEADOW LANE is located in SUDBURY, in the CO10 postcode district. The below map shows the position of No. 40 on MEADOW LANE.