7, PANNELS CLOSE, GLEMSFORD, SUDBURY, CO10 7RR - £250,000

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

7 PANNELS CLOSE is a small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £250,000 in February 2016, which was around 31% below the average February 2016 detached price in the Babergh local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was A.

7 PANNELS CLOSE Sold Prices

Land registry data shows two sales for 7 PANNELS 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 7 PANNELS 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
2016 9 FEB	£250,000	£361,752	31% below HPI
2005 12 AUG	£200,000	£252,803	21% below HPI

7 PANNELS 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 7 PANNELS CLOSE sales from August 2005 and February 2016 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 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 PANNELS CLOSE?

7 PANNELS CLOSE is 79m² according to the EPC inspection conducted in October 2015. 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 7 PANNELS CLOSE lies on this distribution: 25% of detached houses are smaller than 7 PANNELS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Glemsford.

7 PANNELS CLOSE: Plot and Title Map

7 PANNELS CLOSE sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of 7 PANNELS 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 7 PANNELS 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 7 PANNELS CLOSE?

7 PANNELS CLOSE is located in GLEMSFORD, in the CO10 postcode district. The below map shows the position of No. 7 on PANNELS CLOSE.