2, LAPWING GROVE, STOWMARKET, IP14 5GQ - £388,000

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 LAPWING GROVE is a very large detached house of 131m². It was last sold for £388,000 in September 2023, which was around 9% below the average September 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

2 LAPWING GROVE Sold Prices

Land registry data shows two sales for 2 LAPWING GROVE 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 LAPWING GROVE 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
2023 22 SEP	£388,000	£426,916	9% below HPI
2015 4 SEP	£285,000	£310,485	8% below HPI

2 LAPWING GROVE 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 LAPWING GROVE sales from September 2015 and September 2023 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 September 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 LAPWING GROVE?

2 LAPWING GROVE is 131m² according to the EPC inspection conducted in February 2015. This puts it in the largest 20% 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 LAPWING GROVE lies on this distribution: 81% of detached houses are smaller than 2 LAPWING GROVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 LAPWING GROVE: Plot and Title Map

2 LAPWING GROVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 2 LAPWING GROVE, 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 LAPWING GROVE). 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 LAPWING GROVE?

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