3, THE CROFT, BURES, CO8 5JE - £179,000

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.

3 THE CROFT is a very small extended terraced house of 61m², built sometime before 1900, which could now be worth an estimated £193,235. It was last sold for £179,000 in March 2021, which was around 18% below the average March 2021 terraced price in the Babergh local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

3 THE CROFT Sold Prices

Land registry data shows two sales for 3 THE CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. Both of the two 3 THE CROFT 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 10 MAR	£179,000	£218,896	18% below HPI
2011 15 APR	£115,000	£143,666	20% below HPI

3 THE CROFT 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 two 3 THE CROFT sales from April 2011 and March 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 April 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 THE CROFT be worth now?

3 THE CROFT might now be worth an estimated £193,235.

This is based on house price inflation of 8%, between March 2021 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 8% inflationary increase is applied to the most recent sale price for 3 THE CROFT of £179,000 on 10th March 2021. For the value to have increased from £179,000 to £193,235 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 THE CROFT has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The March 2021 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CROFT has not materially changed since March 2021.

How Large is 3 THE CROFT?

3 THE CROFT is 61m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of terraced houses houses in Bures, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bures, and where 3 THE CROFT lies on this distribution: 1% of terraced houses houses are smaller than 3 THE CROFT, and 99% of houses are larger. Note that EPC data is not available for all properties in Bures.

3 THE CROFT: Plot and Title Map

3 THE CROFT sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 3 THE CROFT, 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 THE CROFT). 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 THE CROFT?

3 THE CROFT is located in BURES, in the CO8 postcode district. The below map shows the position of No. 3 on THE CROFT.