18, REDWING DRIVE, STOWMARKET, IP14 5FN - £250,000

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

18 REDWING DRIVE is a large detached house of 118m², built sometime between 2003 and 2006. It was last sold for £250,000 in July 2012, which was around 2% below the average July 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

18 REDWING DRIVE Sold Prices

Land registry data shows two sales for 18 REDWING DRIVE 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. One of the two 18 REDWING DRIVE sales was for below the average price, whilst the other was 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
2012 25 JUL	£250,000	£253,825	2% below HPI
2006 31 JUL	£270,000	£245,390	10% above HPI

18 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 two 18 REDWING DRIVE sales from July 2006 and July 2012 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 July 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 18 REDWING DRIVE?

18 REDWING DRIVE is 118m² according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 18 REDWING DRIVE lies on this distribution: 70% of detached houses are smaller than 18 REDWING DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

18 REDWING DRIVE: Plot and Title Map

18 REDWING DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 18 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 18 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 18 REDWING DRIVE?

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