LANEHAM YARD, CHURCH STREET, LAVENHAM, SUDBURY, CO10 9QT - £425,000

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

LANEHAM YARD is a very small extended detached house of 63m², built sometime from 2012 onwards. It was last sold for £425,000 in January 2024, which was around 9% below the average January 2024 detached price in the Babergh local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

LANEHAM YARD Sold Prices

Land registry data shows two sales for LANEHAM YARD 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 LANEHAM YARD 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
2024 12 JAN	£425,000	£465,596	9% below HPI
2002 28 MAR	£97,000	£160,290	39% below HPI

LANEHAM YARD 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 LANEHAM YARD sales from March 2002 and January 2024 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 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is LANEHAM YARD?

LANEHAM YARD is 63m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 LANEHAM YARD lies on this distribution: 4% of detached houses are smaller than LANEHAM YARD, and 96% of houses are larger. Note that EPC data is not available for all properties in Lavenham.

LANEHAM YARD: Plot and Title Map

LANEHAM YARD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of LANEHAM YARD, 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 LANEHAM YARD). 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 LANEHAM YARD?

LANEHAM YARD is located on CHURCH STREET in LAVENHAM, in the CO10 postcode district. The below map shows the position of LANEHAM YARD on CHURCH STREET.