2, FIRECREST DRIVE, STOWMARKET, IP14 5FL - £235,500

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 FIRECREST DRIVE is a very small detached house of 42m², built sometime between 2003 and 2006. It was last sold for £235,500 in August 2019, which was around 36% below the average August 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

2 FIRECREST DRIVE Sold Prices

Land registry data shows three sales for 2 FIRECREST DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 2 FIRECREST DRIVE 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
2019 23 AUG	£235,500	£370,050	36% below HPI
2006 7 DEC	£189,000	£258,039	27% below HPI
2004 15 JUL	£165,000	£221,369	25% below HPI

2 FIRECREST 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 three 2 FIRECREST DRIVE sales between July 2004 and August 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 December 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 FIRECREST DRIVE?

2 FIRECREST DRIVE is 42m² according to the EPC inspection conducted in July 2018. 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 FIRECREST DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 2 FIRECREST DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 FIRECREST DRIVE: Plot and Title Map

2 FIRECREST DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 2 FIRECREST 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 FIRECREST 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 FIRECREST DRIVE?

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