10A, NEEDHAM ROAD, STOWMARKET, IP14 2AN - £184,000

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

10A NEEDHAM ROAD is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £184,000 in July 2004, which was around 17% below the average July 2004 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

10A NEEDHAM ROAD Sold Prices

Land registry data shows two sales for 10A NEEDHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 10A NEEDHAM ROAD 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
2004 9 JUL	£184,000	£221,369	17% below HPI
2001 14 DEC	£120,000	£157,799	24% below HPI

10A NEEDHAM ROAD 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 two 10A NEEDHAM ROAD sales from December 2001 and July 2004 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 December 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2004 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 10A NEEDHAM ROAD?

10A NEEDHAM ROAD is 77m², which includes two extensions, according to the EPC inspection conducted in May 2024. 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 10A NEEDHAM ROAD lies on this distribution: 16% of detached houses are smaller than 10A NEEDHAM ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

10A NEEDHAM ROAD: Plot and Title Map

10A NEEDHAM ROAD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 10A NEEDHAM ROAD, 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 10A NEEDHAM ROAD). 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 10A NEEDHAM ROAD?

10A NEEDHAM ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 10A on NEEDHAM ROAD.