100, SPENCER WAY, STOWMARKET, IP14 1UQ - £233,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

100 SPENCER WAY is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £233,000 in August 2017, which was around 36% below the average August 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

100 SPENCER WAY Sold Prices

Land registry data shows five sales for 100 SPENCER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five 100 SPENCER 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
2017 4 AUG	£233,000	£364,938	36% below HPI
2013 26 JUL	£174,995	£252,232	31% below HPI
2006 7 APR	£169,950	£236,419	28% below HPI
2002 21 JUN	£129,950	£172,655	25% below HPI
2000 28 APR	£103,250	£118,591	13% below HPI

100 SPENCER 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 five 100 SPENCER WAY sales between April 2000 and August 2017 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 July 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 100 SPENCER WAY?

100 SPENCER WAY is 79m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 100 SPENCER WAY lies on this distribution: 19% of detached houses are smaller than 100 SPENCER WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

100 SPENCER WAY: Plot and Title Map

100 SPENCER WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 100 SPENCER 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 100 SPENCER 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 100 SPENCER WAY?

100 SPENCER WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 100 on SPENCER WAY.