18, POUND HILL, BACTON, STOWMARKET, IP14 4LP - £265,000

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 POUND HILL is a very small extended detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £304,157. It was last sold for £265,000 in March 2021, which was around 33% below the average March 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

18 POUND HILL Sold Prices

Land registry data shows two sales for 18 POUND HILL 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 18 POUND HILL 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
2021 5 MAR	£265,000	£397,144	33% below HPI
2020 11 SEP	£205,000	£385,636	47% below HPI

18 POUND HILL 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 18 POUND HILL sales from September 2020 and March 2021 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 2020 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 18 POUND HILL be worth now?

18 POUND HILL might now be worth an estimated £304,157.

This is based on house price inflation of 14.8%, between March 2021 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 14.8% inflationary increase is applied to the most recent sale price for 18 POUND HILL of £265,000 on 5th March 2021. For the value to have increased from £265,000 to £304,157 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 18 POUND HILL has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 18 POUND HILL has not materially changed since March 2021.

How Large is 18 POUND HILL?

18 POUND HILL is 77m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacton, and where 18 POUND HILL lies on this distribution: 19% of detached houses houses are smaller than 18 POUND HILL, and 79% of houses are larger. Note that EPC data is not available for all properties in Bacton.

18 POUND HILL: Plot and Title Map

18 POUND HILL sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 18 POUND HILL, 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 POUND HILL). 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 POUND HILL?

18 POUND HILL is located in BACTON, in the IP14 postcode district. The below map shows the position of No. 18 on POUND HILL.