16, REDWING DRIVE, STOWMARKET, IP14 5FN - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 REDWING DRIVE is a large detached house of 118m², built sometime between 2003 and 2006. It was last sold for £375,000 in July 2023, which was around 13% below the average July 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

16 REDWING DRIVE Sold Prices

Land registry data shows three sales for 16 REDWING DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 16 REDWING DRIVE 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
2023 17 JUL	£375,000	£432,381	13% below HPI
2014 12 SEP	£245,000	£298,518	18% below HPI
2006 19 MAY	£230,000	£244,171	6% below HPI

16 REDWING DRIVE 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 three 16 REDWING DRIVE sales between May 2006 and July 2023 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 September 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 REDWING DRIVE be worth now?

16 REDWING DRIVE might now be worth an estimated £382,623.

This is based on house price inflation of 2%, between July 2023 and December 2024, 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 2% inflationary increase is applied to the most recent sale price for 16 REDWING DRIVE of £375,000 on 17th July 2023. For the value to have increased from £375,000 to £382,623 over the seven months to December 2024, the following assumptions must hold true:

• The value of 16 REDWING DRIVE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDWING DRIVE has not materially changed since July 2023.

How Large is 16 REDWING DRIVE?

16 REDWING DRIVE is 118m² according to the EPC inspection conducted in February 2023. This puts it in the largest 30% 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 16 REDWING DRIVE lies on this distribution: 71% of detached houses houses are smaller than 16 REDWING DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

16 REDWING DRIVE: Plot and Title Map

16 REDWING DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 16 REDWING DRIVE, 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 REDWING DRIVE). 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 REDWING DRIVE?

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