43, MEADOW CLOSE, LAVENHAM, SUDBURY, CO10 9RU - £297,000

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

43 MEADOW CLOSE is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £297,000 in September 2021, which was around 32% below the average September 2021 detached price in the Babergh local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

43 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 43 MEADOW CLOSE since 1^st 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 43 MEADOW CLOSE 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 16 SEP	£297,000	£439,825	32% below HPI
2005 16 DEC	£177,000	£251,588	30% below HPI

43 MEADOW CLOSE 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 two 43 MEADOW CLOSE sales from December 2005 and September 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 December 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 43 MEADOW CLOSE?

43 MEADOW CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Lavenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lavenham, and where 43 MEADOW CLOSE lies on this distribution: 5% of detached houses are smaller than 43 MEADOW CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lavenham.

43 MEADOW CLOSE: Plot and Title Map

43 MEADOW CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 43 MEADOW CLOSE, 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 43 MEADOW CLOSE). 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 43 MEADOW CLOSE?

43 MEADOW CLOSE is located in LAVENHAM, in the CO10 postcode district. The below map shows the position of No. 43 on MEADOW CLOSE.