9, PANNELS CLOSE, GLEMSFORD, SUDBURY, CO10 7RR - £245,000

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.

9 PANNELS CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £305,975. It was last sold for £245,000 in October 2016, which was around 36% below the average October 2016 detached price in the Babergh local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

9 PANNELS CLOSE Sold Prices

Land registry data shows three sales for 9 PANNELS 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 9 PANNELS CLOSE 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
2016 12 OCT	£245,000	£382,488	36% below HPI
2013 12 JUL	£184,000	£292,845	37% below HPI
2002 15 NOV	£132,000	£204,175	35% below HPI

9 PANNELS 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 9 PANNELS CLOSE sales between November 2002 and October 2016 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 July 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 9 PANNELS CLOSE be worth now?

9 PANNELS CLOSE might now be worth an estimated £305,975.

This is based on house price inflation of 24.9%, between October 2016 and May 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 24.9% inflationary increase is applied to the most recent sale price for 9 PANNELS CLOSE of £245,000 on 12th October 2016. For the value to have increased from £245,000 to £305,975 over the ten years and five months to May 2026, the following assumptions must hold true:

• The value of 9 PANNELS CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PANNELS CLOSE has not materially changed since October 2016.

How Large is 9 PANNELS CLOSE?

9 PANNELS CLOSE is 66m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 9 PANNELS CLOSE lies on this distribution: 10% of detached houses houses are smaller than 9 PANNELS CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Glemsford.

9 PANNELS CLOSE: Plot and Title Map

9 PANNELS CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 9 PANNELS 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 9 PANNELS 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 9 PANNELS CLOSE?

9 PANNELS CLOSE is located in GLEMSFORD, in the CO10 postcode district. The below map shows the position of No. 9 on PANNELS CLOSE.