2, GREAT BACK LANE, DEBENHAM, STOWMARKET, IP14 6RD - £232,500

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 GREAT BACK LANE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £232,500 in November 2013, which was around 15% below the average November 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

2 GREAT BACK LANE Sold Prices

Land registry data shows two sales for 2 GREAT BACK LANE 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. Both of the two 2 GREAT BACK LANE 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
2013 8 NOV	£232,500	£272,152	15% below HPI
2007 7 FEB	£205,000	£256,666	20% below HPI

2 GREAT BACK LANE 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 GREAT BACK LANE sales from February 2007 and November 2013 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 February 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 GREAT BACK LANE?

2 GREAT BACK LANE is 98m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses in Debenham, based on EPC data. The below chart shows the distribution of detached houses by size in Debenham, and where 2 GREAT BACK LANE lies on this distribution: 37% of detached houses are smaller than 2 GREAT BACK LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Debenham.

2 GREAT BACK LANE: Plot and Title Map

2 GREAT BACK LANE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 2 GREAT BACK LANE, 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 GREAT BACK LANE). 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 GREAT BACK LANE?

2 GREAT BACK LANE is located in DEBENHAM, in the IP14 postcode district. The below map shows the position of No. 2 on GREAT BACK LANE.