2, ELIOT WAY, STOWMARKET, IP14 1RG - £267,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ELIOT WAY is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £267,000 in July 2016, which was around 22% below the average July 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

2 ELIOT WAY Sold Prices

Land registry data shows five sales for 2 ELIOT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five 2 ELIOT WAY 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
2016 8 JUL	£267,000	£340,803	22% below HPI
2005 15 JUL	£188,000	£240,339	22% below HPI
2004 9 JUN	£175,000	£219,422	20% below HPI
2000 7 AUG	£112,000	£134,819	17% below HPI
1999 30 SEP	£97,900	£113,063	13% below HPI

2 ELIOT WAY 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 five 2 ELIOT WAY sales between September 1999 and July 2016 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 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2016 sale, which was also at 22% below the HPI.

What might 2 ELIOT WAY be worth now?

2 ELIOT WAY might now be worth an estimated £345,633.

This is based on house price inflation of 29.5%, between July 2016 and December 2024, 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 29.5% inflationary increase is applied to the most recent sale price for 2 ELIOT WAY of £267,000 on 8th July 2016. For the value to have increased from £267,000 to £345,633 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 ELIOT WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2016 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELIOT WAY has not materially changed since July 2016.

How Large is 2 ELIOT WAY?

2 ELIOT WAY is 102m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% 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 2 ELIOT WAY lies on this distribution: 52% of detached houses houses are smaller than 2 ELIOT WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 ELIOT WAY: Plot and Title Map

2 ELIOT WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 ELIOT WAY, 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 ELIOT WAY). 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 ELIOT WAY?

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