WESTGARTH, BEARS LANE, LAVENHAM, SUDBURY, CO10 9RT - £440,000

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.

WESTGARTH is a very small extended detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £500,674. It was last sold for £440,000 in June 2020, which was around 2% above the average June 2020 detached price in the Babergh local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

WESTGARTH Sold Prices

Land registry data shows three sales for WESTGARTH 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. The three WESTGARTH sales were a mix of above the average price, roughly equal to the average price, and 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
2020 24 JUN	£440,000	£430,193	2% above HPI
2017 31 JUL	£410,000	£408,238	Close to HPI
2012 2 JUL	£268,000	£295,373	9% below HPI

WESTGARTH 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 WESTGARTH sales between July 2012 and June 2020 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 July 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might WESTGARTH be worth now?

WESTGARTH might now be worth an estimated £500,674.

This is based on house price inflation of 13.8%, between June 2020 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 13.8% inflationary increase is applied to the most recent sale price for WESTGARTH of £440,000 on 24th June 2020. For the value to have increased from £440,000 to £500,674 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of WESTGARTH has moved in line with the HPI for detached houses in the Babergh local authority area.
• The June 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of WESTGARTH has not materially changed since June 2020.

How Large is WESTGARTH?

WESTGARTH is 96m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% 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 WESTGARTH lies on this distribution: 17% of detached houses houses are smaller than WESTGARTH, and 83% of houses are larger. Note that EPC data is not available for all properties in Lavenham.

WESTGARTH: Plot and Title Map

WESTGARTH sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of WESTGARTH, 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 WESTGARTH). 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 WESTGARTH?

WESTGARTH is located on BEARS LANE in LAVENHAM, in the CO10 postcode district. The below map shows the position of WESTGARTH on BEARS LANE.