MERECROFT, BURES ROAD, LITTLE CORNARD, SUDBURY, CO10 0NN - £316,000

MERECROFT is a midsized detached house of 106m², built sometime between 1950 and 1966. It was last sold for £316,000 in January 2021, which was around 26% below the average January 2021 detached price in the Babergh local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

MERECROFT Sold Prices

Land registry data shows three sales for MERECROFT 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. One of the three MERECROFT sales was for below the average price, whilst two 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 29 JAN	£316,000	£429,562	26% below HPI
2001 15 JUN	£175,000	£145,789	20% above HPI
1999 9 MAR	£149,000	£99,788	49% above HPI

MERECROFT 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 MERECROFT sales between March 1999 and January 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 June 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is MERECROFT?

MERECROFT is 106m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses in Sudbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbury, and where MERECROFT lies on this distribution: 46% of detached houses are smaller than MERECROFT, and 54% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

MERECROFT: Plot and Title Map

MERECROFT sits on a plot of roughly 0.320 of an acre, or 1,294m². The below map shows the location of MERECROFT, 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 MERECROFT). 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 MERECROFT?

MERECROFT is located on BURES ROAD in LITTLE CORNARD, in the CO10 postcode district. The below map shows the position of MERECROFT on BURES ROAD.