3, MALTING LANE, CLARE, SUDBURY, CO10 8NW - £187,500

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.

3 MALTING LANE is a very small extended terraced house of 46m², built sometime before 1900, which could now be worth an estimated £199,646. It was last sold for £187,500 in October 2021, which was around 13% below the average October 2021 terraced price in the West Suffolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

3 MALTING LANE Sold Prices

Land registry data shows three sales for 3 MALTING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the three 3 MALTING LANE sales were for 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
2021 29 OCT	£187,500	£214,983	13% below HPI
2015 13 FEB	£140,000	£157,403	11% below HPI
2010 29 NOV	£100,000	£133,193	25% below HPI

3 MALTING LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The three 3 MALTING LANE sales between November 2010 and October 2021 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 February 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 MALTING LANE be worth now?

3 MALTING LANE might now be worth an estimated £199,646.

This is based on house price inflation of 6.5%, between October 2021 and July 2025, for terraced houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 3 MALTING LANE of £187,500 on 29th October 2021. For the value to have increased from £187,500 to £199,646 over the four years and three months to July 2025, the following assumptions must hold true:

• The value of 3 MALTING LANE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The October 2021 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MALTING LANE has not materially changed since October 2021.

How Large is 3 MALTING LANE?

3 MALTING LANE is 46m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of terraced houses houses in Clare, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Clare, and where 3 MALTING LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 MALTING LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Clare.

3 MALTING LANE: Plot and Title Map

3 MALTING LANE sits on a plot of roughly 0.011 of an acre, or 45m². The below map shows the location of 3 MALTING LANE, 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 3 MALTING LANE). 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 3 MALTING LANE?

3 MALTING LANE is located in CLARE, in the CO10 postcode district. The below map shows the position of No. 3 on MALTING LANE.