1, EASTWARD PLACE, STOWMARKET, IP14 1HB - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 EASTWARD PLACE is a large detached house of 114m², built sometime between 1996 and 2002. It was last sold for £250,000 in November 2014, which was around 18% below the average November 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

1 EASTWARD PLACE Sold Prices

Land registry data shows four sales for 1 EASTWARD PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Two of the four 1 EASTWARD PLACE sales were for below the average price, whilst one was 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
2014 10 NOV	£250,000	£303,368	18% below HPI
2007 21 NOV	£250,000	£285,737	13% below HPI
1999 18 AUG	£109,000	£108,732	Close to HPI
1999 5 FEB	£107,750	£106,339	1% above HPI

1 EASTWARD PLACE 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 four 1 EASTWARD PLACE sales between February 1999 and November 2014 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 November 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 EASTWARD PLACE be worth now?

1 EASTWARD PLACE might now be worth an estimated £363,561.

This is based on house price inflation of 45.4%, between November 2014 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.4% inflationary increase is applied to the most recent sale price for 1 EASTWARD PLACE of £250,000 on 10th November 2014. For the value to have increased from £250,000 to £363,561 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 EASTWARD PLACE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EASTWARD PLACE has not materially changed since November 2014.

How Large is 1 EASTWARD PLACE?

1 EASTWARD PLACE is 114m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 1 EASTWARD PLACE lies on this distribution: 66% of detached houses houses are smaller than 1 EASTWARD PLACE, and 33% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

1 EASTWARD PLACE: Plot and Title Map

1 EASTWARD PLACE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 1 EASTWARD PLACE, 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 EASTWARD PLACE). 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 EASTWARD PLACE?

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