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
53 RICHARD BURN WAY is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £422,500 in August 2022, which was around 14% below the average August 2022 detached price in the Babergh local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 53 RICHARD BURN WAY 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 53 RICHARD BURN 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 15 AUG | £422,500 | £489,880 | 14% below HPI |
2020 31 JAN | £295,000 | £416,973 | 29% 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 53 RICHARD BURN WAY sales from January 2020 and August 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 January 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
53 RICHARD BURN WAY is 116m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 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 53 RICHARD BURN WAY lies on this distribution: 58% of detached houses are smaller than 53 RICHARD BURN WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Sudbury.
53 RICHARD BURN WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 53 RICHARD BURN 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 53 RICHARD BURN 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.
53 RICHARD BURN WAY is located in SUDBURY, in the CO10 postcode district. The below map shows the position of No. 53 on RICHARD BURN WAY.