8, THE DRIFT, GREAT CORNARD, SUDBURY, CO10 0EU - £215,000

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

8 THE DRIFT is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £215,000 in June 2014, which was around 30% below the average June 2014 detached price in the Babergh local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

8 THE DRIFT Sold Prices

Land registry data shows three sales for 8 THE DRIFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 8 THE DRIFT 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
2014 4 JUN	£215,000	£306,513	30% below HPI
2005 18 NOV	£200,000	£250,246	20% below HPI
1995 18 AUG	£60,000	£81,887	27% below HPI

8 THE DRIFT 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 three 8 THE DRIFT sales between August 1995 and June 2014 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 November 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 THE DRIFT?

8 THE DRIFT is 93m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 40% of detached houses in Sudbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbury, and where 8 THE DRIFT lies on this distribution: 32% of detached houses are smaller than 8 THE DRIFT, and 68% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

8 THE DRIFT: Plot and Title Map

8 THE DRIFT sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 8 THE DRIFT, 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 8 THE DRIFT). 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 8 THE DRIFT?

8 THE DRIFT is located in GREAT CORNARD, in the CO10 postcode district. The below map shows the position of No. 8 on THE DRIFT.