2, THEOBALDS CLOSE, LONG MELFORD, SUDBURY, CO10 9BX - £450,000

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 THEOBALDS CLOSE is a very large extended detached house of 175m², built sometime between 2003 and 2006, which could now be worth an estimated £444,363. It was last sold for £450,000 in December 2022, which was around 9% below the average December 2022 detached price in the Babergh local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

2 THEOBALDS CLOSE Sold Prices

Land registry data shows four sales for 2 THEOBALDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. two of the four 2 THEOBALDS CLOSE sales were for below the average price, and four 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
2022 7 DEC	£450,000	£495,725	9% below HPI
2018 12 JUN	£415,000	£421,446	2% below HPI
2015 6 FEB	£370,000	£333,583	11% above HPI
2005 30 NOV	£330,000	£255,878	29% above HPI

2 THEOBALDS 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 four 2 THEOBALDS CLOSE sales between November 2005 and December 2022 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 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 THEOBALDS CLOSE be worth now?

2 THEOBALDS CLOSE might now be worth an estimated £444,363.

This is based on house price deflation of 1.3%, between December 2022 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 1.3% deflationary decrease is applied to the most recent sale price for 2 THEOBALDS CLOSE of £450,000 on 7th December 2022. For the value to have decreased from £450,000 to £444,363 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 THEOBALDS CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The December 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THEOBALDS CLOSE has not materially changed since December 2022.

How Large is 2 THEOBALDS CLOSE?

2 THEOBALDS CLOSE is 175m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses houses in Long Melford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Melford, and where 2 THEOBALDS CLOSE lies on this distribution: 92% of detached houses houses are smaller than 2 THEOBALDS CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Long Melford.

2 THEOBALDS CLOSE: Plot and Title Map

2 THEOBALDS CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 THEOBALDS 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 THEOBALDS 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 THEOBALDS CLOSE?

2 THEOBALDS CLOSE is located in LONG MELFORD, in the CO10 postcode district. The below map shows the position of No. 2 on THEOBALDS CLOSE.