1, SWIFT DRIVE, STOWMARKET, IP14 5NB - £235,500

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 SWIFT DRIVE is a very small semi-detached house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £230,562. It was last sold for £235,500 in November 2024, which was around 17% below the average November 2024 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

1 SWIFT DRIVE Sold Prices

Land registry data shows two sales for 1 SWIFT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 1 SWIFT DRIVE sales was for below the average price, whilst the other 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
2024 8 NOV	£235,500	£282,203	17% below HPI
2004 21 MAY	£139,950	£132,657	5% above HPI

1 SWIFT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 1 SWIFT DRIVE sales from May 2004 and November 2024 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 May 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 1 SWIFT DRIVE be worth now?

1 SWIFT DRIVE might now be worth an estimated £230,562.

This is based on house price deflation of 2.1%, between November 2024 and December 2024, for semi-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 2.1% deflationary decrease is applied to the most recent sale price for 1 SWIFT DRIVE of £235,500 on 8th November 2024. For the value to have decreased from £235,500 to £230,562 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 1 SWIFT DRIVE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The November 2024 sale price of £235,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SWIFT DRIVE has not materially changed since November 2024.

How Large is 1 SWIFT DRIVE?

1 SWIFT DRIVE is 72m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of semi-detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stowmarket, and where 1 SWIFT DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 1 SWIFT DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

1 SWIFT DRIVE: Plot and Title Map

1 SWIFT DRIVE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 SWIFT DRIVE, 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 SWIFT DRIVE). 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 SWIFT DRIVE?

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