6, PARK LANE, GLEMSFORD, SUDBURY, CO10 7QQ - £320,000

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

6 PARK LANE is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £320,000 in September 2022, which was around 35% below the average September 2022 detached price in the Babergh local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

6 PARK LANE Sold Prices

Land registry data shows two sales for 6 PARK LANE 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 6 PARK 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
2022 5 SEP	£320,000	£494,469	35% below HPI
2007 15 AUG	£195,000	£298,374	35% below HPI

6 PARK LANE 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 6 PARK LANE sales from August 2007 and September 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 August 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2022 sale, which was also at 35% below the HPI.

How Large is 6 PARK LANE?

6 PARK LANE is 77m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Glemsford, based on EPC data. The below chart shows the distribution of detached houses by size in Glemsford, and where 6 PARK LANE lies on this distribution: 22% of detached houses are smaller than 6 PARK LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Glemsford.

6 PARK LANE: Plot and Title Map

6 PARK LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 6 PARK 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 6 PARK 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.

Where is 6 PARK LANE?

6 PARK LANE is located in GLEMSFORD, in the CO10 postcode district. The below map shows the position of No. 6 on PARK LANE.