GRIZEDALE, BARN STREET, LAVENHAM, SUDBURY, CO10 9RB - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GRIZEDALE is a small detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £645,109. It was last sold for £500,000 in September 2016, which was around 32% above the average September 2016 detached price in the Babergh local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

GRIZEDALE Sold Prices

Land registry data shows two sales for GRIZEDALE 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 GRIZEDALE 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
2016 7 SEP	£500,000	£379,405	32% above HPI
2014 19 MAR	£435,000	£304,370	43% above HPI

GRIZEDALE 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 GRIZEDALE sales from March 2014 and September 2016 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 2014 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2016 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might GRIZEDALE be worth now?

GRIZEDALE might now be worth an estimated £645,109.

This is based on house price inflation of 29%, between September 2016 and February 2025, for 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 29% inflationary increase is applied to the most recent sale price for GRIZEDALE of £500,000 on 7th September 2016. For the value to have increased from £500,000 to £645,109 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of GRIZEDALE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The September 2016 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of GRIZEDALE has not materially changed since September 2016.

How Large is GRIZEDALE?

GRIZEDALE is 117m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of detached houses houses in Lavenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lavenham, and where GRIZEDALE lies on this distribution: 32% of detached houses houses are smaller than GRIZEDALE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lavenham.

GRIZEDALE: Plot and Title Map

GRIZEDALE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of GRIZEDALE, 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 GRIZEDALE). 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 GRIZEDALE?

GRIZEDALE is located on BARN STREET in LAVENHAM, in the CO10 postcode district. The below map shows the position of GRIZEDALE on BARN STREET.