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
9 THE DRIFT is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £305,000 in August 2023, which was around 37% below the average August 2023 detached price in the Babergh local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 9 THE DRIFT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four 9 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 |
---|---|---|---|
2023 24 AUG | £305,000 | £485,146 | 37% below HPI |
2000 14 JUN | £84,500 | £127,166 | 34% below HPI |
1999 26 FEB | £72,500 | £97,771 | 26% below HPI |
1996 15 JUL | £55,000 | £85,429 | 36% below HPI |
The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 9 THE DRIFT sales between July 1996 and August 2023 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 June 2000 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
9 THE DRIFT is 73m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Sudbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbury, and where 9 THE DRIFT lies on this distribution: 10% of detached houses are smaller than 9 THE DRIFT, and 89% of houses are larger. Note that EPC data is not available for all properties in Sudbury.
9 THE DRIFT sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 9 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 9 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.
9 THE DRIFT is located in GREAT CORNARD, in the CO10 postcode district. The below map shows the position of No. 9 on THE DRIFT.