7, SPICER WAY, GREAT CORNARD, SUDBURY, CO10 0ZH - £146,750

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 SPICER WAY is a very small semi-detached house of 57m², built sometime from 2007 onwards, which could now be worth an estimated £254,361. It was last sold for £146,750 in April 2011, which was around 19% below the average April 2011 semi-detached price in the Babergh local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

7 SPICER WAY Sold Prices

Land registry data shows two sales for 7 SPICER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Babergh local authority area for the corresponding sale date. Both of the two 7 SPICER 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
2011 27 APR	£146,750	£180,782	19% below HPI
2007 8 OCT	£149,950	£199,583	25% below HPI

7 SPICER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Babergh local authority area over time, sourced from the HPI. The two 7 SPICER WAY sales from October 2007 and April 2011 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 October 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2011 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 7 SPICER WAY be worth now?

7 SPICER WAY might now be worth an estimated £254,361.

This is based on house price inflation of 73.3%, between April 2011 and December 2024, for semi-detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.3% inflationary increase is applied to the most recent sale price for 7 SPICER WAY of £146,750 on 27th April 2011. For the value to have increased from £146,750 to £254,361 over the twelve years and four months to December 2024, the following assumptions must hold true:

• The value of 7 SPICER WAY has moved in line with the HPI for semi-detached houses in the Babergh local authority area.
• The April 2011 sale price of £146,750 represented a fair market value for the property.
• The size, condition, and specification of 7 SPICER WAY has not materially changed since April 2011.

How Large is 7 SPICER WAY?

7 SPICER WAY is 57m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of semi-detached houses houses in Sudbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sudbury, and where 7 SPICER WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 7 SPICER WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

7 SPICER WAY: Plot and Title Map

7 SPICER WAY sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 7 SPICER 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 7 SPICER 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.

Where is 7 SPICER WAY?

7 SPICER WAY is located in GREAT CORNARD, in the CO10 postcode district. The below map shows the position of No. 7 on SPICER WAY.