12, STARLING WAY, STOWMARKET, IP14 5US - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 STARLING WAY is a large extended detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £384,154. It was last sold for £325,000 in September 2020, which was around 16% below the average September 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

12 STARLING WAY Sold Prices

Land registry data shows four sales for 12 STARLING WAY 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. All of the four 12 STARLING 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
2020 23 SEP	£325,000	£385,636	16% below HPI
2020 28 FEB	£290,000	£372,365	22% below HPI
2013 19 JUN	£240,000	£256,937	7% below HPI
2008 24 JUL	£245,000	£268,008	9% below HPI

12 STARLING 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 four 12 STARLING WAY sales between July 2008 and September 2020 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 February 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 STARLING WAY be worth now?

12 STARLING WAY might now be worth an estimated £384,154.

This is based on house price inflation of 18.2%, between September 2020 and February 2025, 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 18.2% inflationary increase is applied to the most recent sale price for 12 STARLING WAY of £325,000 on 23rd September 2020. For the value to have increased from £325,000 to £384,154 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 STARLING WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 12 STARLING WAY has not materially changed since September 2020.

How Large is 12 STARLING WAY?

12 STARLING WAY is 111m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 12 STARLING WAY lies on this distribution: 62% of detached houses houses are smaller than 12 STARLING WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

12 STARLING WAY: Plot and Title Map

12 STARLING WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 12 STARLING 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 12 STARLING 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 12 STARLING WAY?

12 STARLING WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 12 on STARLING WAY.