1, CHAFFINCH WAY, STOWMARKET, IP14 5FD - £262,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHAFFINCH WAY is a large detached house of 117m², built sometime between 2003 and 2006. It was last sold for £262,000 in March 2018, which was around 29% below the average March 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

1 CHAFFINCH WAY Sold Prices

Land registry data shows three sales for 1 CHAFFINCH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 1 CHAFFINCH 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
2018 1 MAR	£262,000	£367,375	29% below HPI
2015 12 JUN	£231,000	£300,795	23% below HPI
2004 27 AUG	£179,950	£227,894	21% below HPI

1 CHAFFINCH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 1 CHAFFINCH WAY sales between August 2004 and March 2018 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 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 CHAFFINCH WAY?

1 CHAFFINCH WAY is 117m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 1 CHAFFINCH WAY lies on this distribution: 69% of detached houses are smaller than 1 CHAFFINCH WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

1 CHAFFINCH WAY: Plot and Title Map

1 CHAFFINCH WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 1 CHAFFINCH 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 1 CHAFFINCH 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 1 CHAFFINCH WAY?

1 CHAFFINCH WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 1 on CHAFFINCH WAY.