FAIRLEA, BEARS LANE, LAVENHAM, SUDBURY, CO10 9RT - £675,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

FAIRLEA is a very small semi-detached house of 74m², built sometime between 1976 and 1982. It was last sold for £675,000 in July 2022, which was around 40% above the average July 2022 detached price in the Babergh local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

FAIRLEA Sold Prices

Land registry data shows three sales for FAIRLEA 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. Two of the three FAIRLEA sales were for above the average price, whilst one was 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 1 JUL	£675,000	£482,513	40% above HPI
2021 3 MAR	£350,000	£429,799	19% below HPI
1995 17 NOV	£81,000	£80,511	1% above HPI

FAIRLEA 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 FAIRLEA sales between November 1995 and July 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 March 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2022 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is FAIRLEA?

FAIRLEA is 74m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Lavenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lavenham, and where FAIRLEA lies on this distribution: 7% of detached houses are smaller than FAIRLEA, and 93% of houses are larger. Note that EPC data is not available for all properties in Lavenham.

FAIRLEA: Plot and Title Map

FAIRLEA sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of FAIRLEA, 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 FAIRLEA). 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 FAIRLEA?

FAIRLEA is located on BEARS LANE in LAVENHAM, in the CO10 postcode district. The below map shows the position of FAIRLEA on BEARS LANE.