23, REDWING DRIVE, STOWMARKET, IP14 5FN - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 REDWING DRIVE is a very large semi-detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £344,922. It was last sold for £290,000 in April 2021, which was around 18% above the average April 2021 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

23 REDWING DRIVE Sold Prices

Land registry data shows three sales for 23 REDWING DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 23 REDWING DRIVE sales were for above 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
2021 15 APR	£290,000	£246,238	18% above HPI
2017 8 JAN	£270,000	£219,629	23% above HPI
2006 30 JUN	£190,000	£159,460	19% above HPI

23 REDWING DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 23 REDWING DRIVE sales between June 2006 and April 2021 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 2017 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 23 REDWING DRIVE be worth now?

23 REDWING DRIVE might now be worth an estimated £344,922.

This is based on house price inflation of 18.9%, between April 2021 and March 2025, for semi-detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 23 REDWING DRIVE of £290,000 on 15th April 2021. For the value to have increased from £290,000 to £344,922 over the four years and one month to March 2025, the following assumptions must hold true:

• The value of 23 REDWING DRIVE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The April 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 23 REDWING DRIVE has not materially changed since April 2021.

How Large is 23 REDWING DRIVE?

23 REDWING DRIVE is 131m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of semi-detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stowmarket, and where 23 REDWING DRIVE lies on this distribution: 81% of semi-detached houses houses are smaller than 23 REDWING DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

23 REDWING DRIVE: Plot and Title Map

23 REDWING DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 23 REDWING 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 23 REDWING 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 23 REDWING DRIVE?

23 REDWING DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 23 on REDWING DRIVE.