15, WELLS WAY, DEBENHAM, STOWMARKET, IP14 6SL - £385,000

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

15 WELLS WAY is a very large detached house of 206m². It was last sold for £385,000 in August 2014, which was around 33% above the average August 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

15 WELLS WAY Sold Prices

Land registry data shows four sales for 15 WELLS 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 15 WELLS WAY sales were 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 13 AUG	£385,000	£290,279	33% above HPI
2012 10 FEB	£361,500	£255,110	42% above HPI
2010 22 OCT	£390,000	£257,375	52% above HPI
2007 20 MAR	£375,880	£260,720	44% above HPI

15 WELLS 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 15 WELLS WAY sales between March 2007 and August 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 February 2012 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2014 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 15 WELLS WAY?

15 WELLS WAY is 206m² according to the EPC inspection conducted in December 2008. This puts it in the largest 10% of detached houses in Debenham, based on EPC data. The below chart shows the distribution of detached houses by size in Debenham, and where 15 WELLS WAY lies on this distribution: 96% of detached houses are smaller than 15 WELLS WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Debenham.

15 WELLS WAY: Plot and Title Map

15 WELLS WAY sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 15 WELLS 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 15 WELLS 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 15 WELLS WAY?

15 WELLS WAY is located in DEBENHAM, in the IP14 postcode district. The below map shows the position of No. 15 on WELLS WAY.