38, PEOPLE PARK WAY, SUDBURY, CO10 1AG - £242,000

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.

38 PEOPLE PARK WAY is a very small semi-detached house of 59m², which could now be worth an estimated £275,044. It was last sold for £242,000 in June 2021, which was around 12% below the average June 2021 semi-detached price in the Babergh local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

38 PEOPLE PARK WAY Sold Prices

Land registry data shows two sales for 38 PEOPLE PARK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Babergh local authority area for the corresponding sale date. Both of the two 38 PEOPLE PARK WAY 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 25 JUN	£242,000	£276,509	12% below HPI
2017 27 OCT	£212,500	£259,170	18% below HPI

38 PEOPLE PARK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Babergh local authority area over time, sourced from the HPI. The two 38 PEOPLE PARK WAY sales from October 2017 and June 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 October 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 PEOPLE PARK WAY be worth now?

38 PEOPLE PARK WAY might now be worth an estimated £275,044.

This is based on house price inflation of 13.7%, between June 2021 and June 2025, for semi-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 13.7% inflationary increase is applied to the most recent sale price for 38 PEOPLE PARK WAY of £242,000 on 25th June 2021. For the value to have increased from £242,000 to £275,044 over the four years to June 2025, the following assumptions must hold true:

• The value of 38 PEOPLE PARK WAY has moved in line with the HPI for semi-detached houses in the Babergh local authority area.
• The June 2021 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PEOPLE PARK WAY has not materially changed since June 2021.

How Large is 38 PEOPLE PARK WAY?

38 PEOPLE PARK WAY is 59m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of semi-detached houses houses in Sudbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sudbury, and where 38 PEOPLE PARK WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 38 PEOPLE PARK WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

38 PEOPLE PARK WAY: Plot and Title Map

38 PEOPLE PARK WAY sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 38 PEOPLE PARK WAY, 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 38 PEOPLE PARK WAY). 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 38 PEOPLE PARK WAY?

38 PEOPLE PARK WAY is located in SUDBURY, in the CO10 postcode district. The below map shows the position of No. 38 on PEOPLE PARK WAY.