2, CHURCH ROAD, STOWMARKET, IP14 2AZ - £195,000

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 CHURCH ROAD is a very small detached house of 67m², built sometime between 1900 and 1929. It was last sold for £195,000 in July 2021, which was around 49% below the average July 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

2 CHURCH ROAD Sold Prices

Land registry data shows four sales for 2 CHURCH ROAD 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. All of the four 2 CHURCH ROAD 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 23 JUL	£195,000	£381,363	49% below HPI
2018 19 NOV	£202,500	£366,652	45% below HPI
1999 28 MAY	£51,000	£106,592	52% below HPI
1997 9 SEP	£48,500	£90,307	46% below HPI

2 CHURCH ROAD 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 2 CHURCH ROAD sales between September 1997 and July 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 November 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 2 CHURCH ROAD?

2 CHURCH ROAD is 67m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 2 CHURCH ROAD lies on this distribution: 7% of detached houses are smaller than 2 CHURCH ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 CHURCH ROAD: Plot and Title Map

2 CHURCH ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 CHURCH ROAD, 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 CHURCH ROAD). 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 CHURCH ROAD?

2 CHURCH ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 2 on CHURCH ROAD.