14, STEPHEN CLOSE, LONG MELFORD, SUDBURY, CO10 9TR - £142,500

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.

14 STEPHEN CLOSE is a very small extended terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £225,581. It was last sold for £142,500 in February 2014, which was around 5% below the average February 2014 terraced price in the Babergh local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

14 STEPHEN CLOSE Sold Prices

Land registry data shows four sales for 14 STEPHEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. Most of the four 14 STEPHEN CLOSE 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
2014 4 FEB	£142,500	£149,274	5% below HPI
2001 24 MAY	£76,500	£68,292	12% above HPI
1999 12 AUG	£58,750	£52,560	12% above HPI
1995 13 APR	£50,700	£39,644	28% above HPI

14 STEPHEN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Babergh local authority area over time, sourced from the HPI. The four 14 STEPHEN CLOSE sales between April 1995 and February 2014 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 May 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 14 STEPHEN CLOSE be worth now?

14 STEPHEN CLOSE might now be worth an estimated £225,581.

This is based on house price inflation of 58.3%, between February 2014 and May 2026, for terraced 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 58.3% inflationary increase is applied to the most recent sale price for 14 STEPHEN CLOSE of £142,500 on 4th February 2014. For the value to have increased from £142,500 to £225,581 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 14 STEPHEN CLOSE has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The February 2014 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 14 STEPHEN CLOSE has not materially changed since February 2014.

How Large is 14 STEPHEN CLOSE?

14 STEPHEN CLOSE is 59m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of terraced houses houses in Long Melford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Long Melford, and where 14 STEPHEN CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 14 STEPHEN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Long Melford.

14 STEPHEN CLOSE: Plot and Title Map

14 STEPHEN CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 14 STEPHEN CLOSE, 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 14 STEPHEN CLOSE). 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 14 STEPHEN CLOSE?

14 STEPHEN CLOSE is located in LONG MELFORD, in the CO10 postcode district. The below map shows the position of No. 14 on STEPHEN CLOSE.