Feb 07, 2023 by HM

# House prices in Boxford (CO10 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Boxford (CO10 5).

## Price per square metre

Knowing the average house price in Boxford is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Old Chapel House, Stone Street, Boxford, Great Cornard, sold for £855,000 on Aug-2023. Given the internal area of 228 square metres, the price per sqm is £3,750.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 34 sales in Boxford (CO10 5) that took place in the last two years.

##### Distribution of £ per sqm for Boxford (CO10 5)
Distribution of £ per sqm house prices in Boxford

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Boxford (CO10 5). Of the 34 transactions, half were sold for between £3,370 and £4,290 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,290m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CO10 5' is £3,810. The table below shows how 'CO10 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CO10 1 Sudbury £2,890m2 £3,370m2 £3,790m2
CO10 5 Boxford £3,370m2 £3,810m2 £4,290m2
CO10 7 Glemsford £3,220m2 £3,640m2 £4,180m2
CO10 9 Long Melford £3,340m2 £3,820m2 £4,370m2
CO10 0 Great Cornard £2,970m2 £3,600m2 £4,070m2
CO10 2 Sudbury £3,020m2 £3,470m2 £3,880m2
CO10 8 Clare £3,390m2 £3,830m2 £4,220m2

## Will Boxford house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CO10 5 (Boxford). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CO10 5 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Boxford (CO10 5) over time
House price trends for Boxford

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Boxford and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Boxford data or any other data I am given.

## Price map for Boxford

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Boxford. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Boxford

## Street level data

Street Avg size Avg £/m2 Recent sales
The Street, Boxford, CO10 5L 162m2 £3,819 9
Daking Avenue, Boxford, CO10 5Q 99m2 £2,916 8
Brook Hall Road, Boxford, CO10 5H 146m2 £3,144 7
Fen Street, Boxford, CO10 5H 81m2 £3,550 7
Goodlands, Boxford, CO10 5A 125m2 £3,493 7
Groton Street, Boxford, CO10 5E 155m2 £3,688 7
Swan Street, Boxford, CO10 5N 116m2 £3,410 7
Boxford Lane, Boxford, CO10 5J 185m2 £3,730 6

Search for your street here.

## Raw data

Our analysis of Boxford is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
Old Chapel House, Stone St, Boxford, Great Cornard £855,000
Aug-2023
228 3,750
Ivy Cottage, Groton St, Boxford, Great Cornard £470,000
Aug-2023
107 4,392
30, Ellis St, Boxford, Great Cornard £348,000
May-2023
79 4,405