16, MILLFIELD AVENUE, STOWMARKET, IP14 1QZ - £215,000

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

16 MILLFIELD AVENUE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £215,000 in June 2014, which was around 24% below the average June 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

16 MILLFIELD AVENUE Sold Prices

Land registry data shows two sales for 16 MILLFIELD AVENUE 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 16 MILLFIELD AVENUE 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
2014 16 JUN	£215,000	£281,093	24% below HPI
2001 2 AUG	£109,000	£141,359	23% below HPI

16 MILLFIELD AVENUE 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 16 MILLFIELD AVENUE sales from August 2001 and June 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 August 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 MILLFIELD AVENUE?

16 MILLFIELD AVENUE is 73m² according to the EPC inspection conducted in January 2014. 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 16 MILLFIELD AVENUE lies on this distribution: 12% of detached houses are smaller than 16 MILLFIELD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

16 MILLFIELD AVENUE: Plot and Title Map

16 MILLFIELD AVENUE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 16 MILLFIELD AVENUE, 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 16 MILLFIELD AVENUE). 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 16 MILLFIELD AVENUE?

16 MILLFIELD AVENUE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 16 on MILLFIELD AVENUE.