23, RIDGEWAY, STOWMARKET, IP14 1SW - £45,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 RIDGEWAY is a very small semi-detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £157,476. It was last sold for £45,500 in July 2000, which was around 43% below the average July 2000 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was D.

23 RIDGEWAY Sold Prices

Land registry data shows two sales for 23 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 23 RIDGEWAY 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
2000 25 JUL	£45,500	£79,828	43% below HPI
1999 25 FEB	£31,000	£63,990	52% below HPI

23 RIDGEWAY 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 two 23 RIDGEWAY sales from February 1999 and July 2000 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 1999 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2000 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 23 RIDGEWAY be worth now?

23 RIDGEWAY might now be worth an estimated £157,476.

This is based on house price inflation of 246.1%, between July 2000 and December 2024, 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 246.1% inflationary increase is applied to the most recent sale price for 23 RIDGEWAY of £45,500 on 25th July 2000. For the value to have increased from £45,500 to £157,476 over the 23 years and seven months to December 2024, the following assumptions must hold true:

• The value of 23 RIDGEWAY has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The July 2000 sale price of £45,500 represented a fair market value for the property.
• The size, condition, and specification of 23 RIDGEWAY has not materially changed since July 2000.

How Large is 23 RIDGEWAY?

23 RIDGEWAY is 57m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% 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 RIDGEWAY lies on this distribution: 3% of semi-detached houses houses are smaller than 23 RIDGEWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

23 RIDGEWAY: Plot and Title Map

23 RIDGEWAY sits on a plot of roughly 0.575 of an acre, or 2,325m². The below map shows the location of 23 RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

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