2, UNITY ROAD, STOWMARKET, IP14 1AS - £295,000

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 UNITY ROAD is a large extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £295,000 in July 2020, which was around 21% below the average July 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was F, and the potential energy rating was C.

2 UNITY ROAD Sold Prices

Land registry data shows two sales for 2 UNITY ROAD 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 UNITY ROAD 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
2020 17 JUL	£295,000	£371,945	21% below HPI
2019 14 JAN	£243,750	£369,697	34% below HPI

2 UNITY ROAD 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 UNITY ROAD sales from January 2019 and July 2020 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 January 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 UNITY ROAD?

2 UNITY ROAD is 111m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 40% 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 UNITY ROAD lies on this distribution: 62% of detached houses are smaller than 2 UNITY ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 UNITY ROAD: Plot and Title Map

2 UNITY ROAD sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 2 UNITY ROAD, 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 UNITY ROAD). 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 UNITY ROAD?

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