24, WELLS WAY, DEBENHAM, STOWMARKET, IP14 6SL - £220,000

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

24 WELLS WAY is a very small semi-detached house of 69m², built sometime between 2007 and 2011, which could now be worth an estimated £263,524. It was last sold for £220,000 in November 2017, which was around 5% below the average November 2017 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

24 WELLS WAY Sold Prices

Land registry data shows four sales for 24 WELLS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. two of the four 24 WELLS WAY sales were for below the average price, and four 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
2017 17 NOV	£220,000	£230,654	5% below HPI
2017 3 NOV	£207,500	£230,654	10% below HPI
2013 1 MAR	£177,500	£162,937	9% above HPI
2011 15 NOV	£172,500	£162,376	6% above HPI

24 WELLS WAY 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 four 24 WELLS WAY sales between November 2011 and November 2017 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 November 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 24 WELLS WAY be worth now?

24 WELLS WAY might now be worth an estimated £263,524.

This is based on house price inflation of 19.8%, between November 2017 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 19.8% inflationary increase is applied to the most recent sale price for 24 WELLS WAY of £220,000 on 17th November 2017. For the value to have increased from £220,000 to £263,524 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 24 WELLS WAY has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The November 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WELLS WAY has not materially changed since November 2017.

How Large is 24 WELLS WAY?

24 WELLS WAY is 69m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of semi-detached houses houses in Debenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Debenham, and where 24 WELLS WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 24 WELLS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Debenham.

24 WELLS WAY: Plot and Title Map

24 WELLS WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 24 WELLS WAY, 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 24 WELLS WAY). 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 24 WELLS WAY?

24 WELLS WAY is located in DEBENHAM, in the IP14 postcode district. The below map shows the position of No. 24 on WELLS WAY.