SPINDLES, HIGH STREET, LONG MELFORD, SUDBURY, CO10 9DH - £478,000

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

SPINDLES is a very large extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £478,000 in May 2013, which was around 66% above the average May 2013 detached price in the Babergh local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

SPINDLES Sold Prices

Land registry data shows two sales for SPINDLES 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 SPINDLES 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
2013 17 MAY	£478,000	£287,160	66% above HPI
1999 29 APR	£145,000	£104,684	39% above HPI

SPINDLES 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 SPINDLES sales from April 1999 and May 2013 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 April 1999 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2013 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is SPINDLES?

SPINDLES is 151m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% 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 SPINDLES lies on this distribution: 82% of detached houses are smaller than SPINDLES, and 18% of houses are larger. Note that EPC data is not available for all properties in Long Melford.

SPINDLES: Plot and Title Map

SPINDLES sits on a plot of roughly 0.132 of an acre, or 532m². The below map shows the location of SPINDLES, 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 SPINDLES). 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 SPINDLES?

SPINDLES is located on HIGH STREET in LONG MELFORD, in the CO10 postcode district. The below map shows the position of SPINDLES on HIGH STREET.