2, RECTORY CLOSE, GLEMSFORD, SUDBURY, CO10 7ST - £295,000

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.

2 RECTORY CLOSE is a very large extended detached house of 176m², built sometime between 1976 and 1982, which could now be worth an estimated £486,145. It was last sold for £295,000 in October 2012, which was around 1% above the average October 2012 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.

2 RECTORY CLOSE Sold Prices

Land registry data shows three sales for 2 RECTORY CLOSE 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. All of the three 2 RECTORY 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
2012 16 OCT	£295,000	£291,430	1% above HPI
2003 28 NOV	£285,000	£231,023	23% above HPI
1998 25 SEP	£115,000	£107,525	7% above HPI

2 RECTORY CLOSE 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 2 RECTORY CLOSE sales between September 1998 and October 2012 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 November 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2012 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 RECTORY CLOSE be worth now?

2 RECTORY CLOSE might now be worth an estimated £486,145.

This is based on house price inflation of 64.8%, between October 2012 and April 2026, 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 64.8% inflationary increase is applied to the most recent sale price for 2 RECTORY CLOSE of £295,000 on 16th October 2012. For the value to have increased from £295,000 to £486,145 over the fourteen years and six months to April 2026, the following assumptions must hold true:

• The value of 2 RECTORY CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2012 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RECTORY CLOSE has not materially changed since October 2012.

How Large is 2 RECTORY CLOSE?

2 RECTORY CLOSE is 176m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses houses in Glemsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Glemsford, and where 2 RECTORY CLOSE lies on this distribution: 96% of detached houses houses are smaller than 2 RECTORY CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Glemsford.

2 RECTORY CLOSE: Plot and Title Map

2 RECTORY CLOSE sits on a plot of roughly 0.253 of an acre, or 1,022m². The below map shows the location of 2 RECTORY 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 2 RECTORY 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 2 RECTORY CLOSE?

2 RECTORY CLOSE is located in GLEMSFORD, in the CO10 postcode district. The below map shows the position of No. 2 on RECTORY CLOSE.