2, ALEXANDER DRIVE, FINNINGHAM, STOWMARKET, IP14 4JX - £460,000

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

2 ALEXANDER DRIVE is a small detached house of 136m², built sometime between 1976 and 1982. It was last sold for £460,000 in January 2019, which was around 24% above the average January 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

2 ALEXANDER DRIVE Sold Prices

Land registry data shows two sales for 2 ALEXANDER 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 2 ALEXANDER DRIVE sales was for above the average price, whilst the other was roughly equal to 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
2019 31 JAN	£460,000	£369,697	24% above HPI
2015 5 JUN	£300,000	£300,795	Close to HPI

2 ALEXANDER 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 2 ALEXANDER DRIVE sales from June 2015 and January 2019 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 June 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 ALEXANDER DRIVE?

2 ALEXANDER DRIVE is 136m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses by size in Finningham, and where 2 ALEXANDER DRIVE lies on this distribution: 26% of detached houses are smaller than 2 ALEXANDER DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Finningham.

2 ALEXANDER DRIVE: Plot and Title Map

2 ALEXANDER DRIVE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 2 ALEXANDER 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 2 ALEXANDER 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 2 ALEXANDER DRIVE?

2 ALEXANDER DRIVE is located in FINNINGHAM, in the IP14 postcode district. The below map shows the position of No. 2 on ALEXANDER DRIVE.