18, LOCKINGTON CRESCENT, STOWMARKET, IP14 1DB - £335,000

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.

18 LOCKINGTON CRESCENT is a very large extended detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £406,892. It was last sold for £335,000 in November 2018, which was around 11% below the average November 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

18 LOCKINGTON CRESCENT Sold Prices

Land registry data shows three sales for 18 LOCKINGTON CRESCENT 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 18 LOCKINGTON CRESCENT 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
2018 2 NOV	£335,000	£375,289	11% below HPI
2007 18 JAN	£187,000	£261,946	29% below HPI
1997 22 JAN	£75,000	£85,201	12% below HPI

18 LOCKINGTON CRESCENT 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 18 LOCKINGTON CRESCENT sales between January 1997 and November 2018 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 January 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 18 LOCKINGTON CRESCENT be worth now?

18 LOCKINGTON CRESCENT might now be worth an estimated £406,892.

This is based on house price inflation of 21.5%, between November 2018 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 21.5% inflationary increase is applied to the most recent sale price for 18 LOCKINGTON CRESCENT of £335,000 on 2nd November 2018. For the value to have increased from £335,000 to £406,892 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 LOCKINGTON CRESCENT has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LOCKINGTON CRESCENT has not materially changed since November 2018.

How Large is 18 LOCKINGTON CRESCENT?

18 LOCKINGTON CRESCENT is 140m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 18 LOCKINGTON CRESCENT lies on this distribution: 84% of detached houses houses are smaller than 18 LOCKINGTON CRESCENT, and 16% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

18 LOCKINGTON CRESCENT: Plot and Title Map

18 LOCKINGTON CRESCENT sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 18 LOCKINGTON CRESCENT, 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 18 LOCKINGTON CRESCENT). 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 18 LOCKINGTON CRESCENT?

18 LOCKINGTON CRESCENT is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 18 on LOCKINGTON CRESCENT.