FAIRLIGHT, BULL LANE, LONG MELFORD, SUDBURY, CO10 9EA - £485,000

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

FAIRLIGHT is a large extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £485,000 in July 2018, which was around 17% above the average July 2018 detached price in the Babergh local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

FAIRLIGHT Sold Prices

Land registry data shows two sales for FAIRLIGHT 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 FAIRLIGHT sales were for above 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
2018 27 JUL	£485,000	£416,228	17% above HPI
2011 26 AUG	£310,000	£282,048	10% above HPI

FAIRLIGHT 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 FAIRLIGHT sales from August 2011 and July 2018 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 2011 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is FAIRLIGHT?

FAIRLIGHT is 132m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 40% of detached houses in Long Melford, based on EPC data. The below chart shows the distribution of detached houses by size in Long Melford, and where FAIRLIGHT lies on this distribution: 61% of detached houses are smaller than FAIRLIGHT, and 39% of houses are larger. Note that EPC data is not available for all properties in Long Melford.

FAIRLIGHT: Plot and Title Map

FAIRLIGHT sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of FAIRLIGHT, 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 FAIRLIGHT). 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 FAIRLIGHT?

FAIRLIGHT is located on BULL LANE in LONG MELFORD, in the CO10 postcode district. The below map shows the position of FAIRLIGHT on BULL LANE.