2, LAYHAM GARDENS, STOWMARKET, IP14 2PY - £167,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LAYHAM GARDENS is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £167,000 in November 2011, which was around 35% below the average November 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

2 LAYHAM GARDENS Sold Prices

Land registry data shows three sales for 2 LAYHAM GARDENS 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 LAYHAM GARDENS 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
2011 14 NOV	£167,000	£255,251	35% below HPI
2004 10 DEC	£175,000	£225,725	22% below HPI
1999 29 OCT	£90,000	£114,231	21% below HPI

2 LAYHAM GARDENS 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 LAYHAM GARDENS sales between October 1999 and November 2011 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2011 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 LAYHAM GARDENS?

2 LAYHAM GARDENS is 68m² according to the EPC inspection conducted in October 2010. 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 LAYHAM GARDENS lies on this distribution: 9% of detached houses are smaller than 2 LAYHAM GARDENS, and 91% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 LAYHAM GARDENS: Plot and Title Map

2 LAYHAM GARDENS sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 2 LAYHAM GARDENS, 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 LAYHAM GARDENS). 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 LAYHAM GARDENS?

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