16, SWIFT DRIVE, STOWMARKET, IP14 5NB - £227,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 SWIFT DRIVE is a very large detached house of 149m², built sometime between 1991 and 1995. It was last sold for £227,500 in November 2009, which was around 7% below the average November 2009 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

16 SWIFT DRIVE Sold Prices

Land registry data shows four sales for 16 SWIFT DRIVE 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. two of the four 16 SWIFT DRIVE sales were for below the average price, and four 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
2009 5 NOV	£227,500	£244,154	7% below HPI
2007 7 DEC	£250,000	£280,837	11% below HPI
2004 18 NOV	£237,500	£230,721	3% above HPI
2002 31 OCT	£189,950	£186,670	2% above HPI

16 SWIFT 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 four 16 SWIFT DRIVE sales between October 2002 and November 2009 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2009 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 SWIFT DRIVE?

16 SWIFT DRIVE is 149m² according to the EPC inspection conducted in September 2016. This puts it in the largest 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 SWIFT DRIVE lies on this distribution: 89% of detached houses are smaller than 16 SWIFT DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

16 SWIFT DRIVE: Plot and Title Map

16 SWIFT DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 16 SWIFT 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 SWIFT 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 SWIFT DRIVE?

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