GREENACRES, HIGH STREET, LONG MELFORD, SUDBURY, CO10 9DH - £950,000

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.

GREENACRES is a very large extended detached house of 184m², built sometime between 1983 and 1990, which could now be worth an estimated £1,032,748. It was last sold for £950,000 in August 2021, which was around 111% above the average August 2021 detached price in the Babergh local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

GREENACRES Sold Prices

Land registry data shows four sales for GREENACRES 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. All of the four GREENACRES sales 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
2021 31 AUG	£950,000	£450,293	111% above HPI
2014 15 JAN	£625,000	£293,316	113% above HPI
2001 3 AUG	£345,000	£156,066	121% above HPI
1999 30 MAR	£220,000	£102,034	116% above HPI

GREENACRES 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 GREENACRES sales between March 1999 and August 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 January 2014 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the August 2021 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £1,032,748.

This is based on house price inflation of 8.7%, between August 2021 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 8.7% inflationary increase is applied to the most recent sale price for GREENACRES of £950,000 on 31st August 2021. For the value to have increased from £950,000 to £1,032,748 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the Babergh local authority area.
• The August 2021 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since August 2021.

How Large is GREENACRES?

GREENACRES is 184m², which includes one extension, according to the EPC inspection conducted in June 2013. 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 GREENACRES lies on this distribution: 94% of detached houses houses are smaller than GREENACRES, and 6% of houses are larger. Note that EPC data is not available for all properties in Long Melford.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on HIGH STREET in LONG MELFORD, in the CO10 postcode district. The below map shows the position of GREENACRES on HIGH STREET.