OAK LEYS, SUDBURY ROAD, NEWTON, SUDBURY, CO10 0QJ - £235,000

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

OAK LEYS is a midsized extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £235,000 in January 2004, which was around 6% above the average January 2004 detached price in the Babergh local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was A.

OAK LEYS Sold Prices

Land registry data shows three sales for OAK LEYS 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 OAK LEYS 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
2004 12 JAN	£235,000	£221,312	6% above HPI
2001 21 JUN	£170,000	£145,789	17% above HPI
1997 5 DEC	£87,000	£99,707	13% below HPI

OAK LEYS 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 OAK LEYS sales between December 1997 and January 2004 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 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2004 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is OAK LEYS?

OAK LEYS is 138m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses in Newton, based on EPC data. The below chart shows the distribution of detached houses by size in Newton, and where OAK LEYS lies on this distribution: 49% of detached houses are smaller than OAK LEYS, and 51% of houses are larger. Note that EPC data is not available for all properties in Newton.

OAK LEYS: Plot and Title Map

OAK LEYS sits on a plot of roughly 0.258 of an acre, or 1,043m². The below map shows the location of OAK LEYS, 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 OAK LEYS). 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 OAK LEYS?

OAK LEYS is located on SUDBURY ROAD in NEWTON, in the CO10 postcode district. The below map shows the position of OAK LEYS on SUDBURY ROAD.