26, GIPPING PLACE, STOWMARKET, IP14 1JW - £90,000

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

26 GIPPING PLACE is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £90,000 in October 2004, which was around 61% below the average October 2004 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

26 GIPPING PLACE Sold Prices

Land registry data shows two sales for 26 GIPPING PLACE 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 26 GIPPING PLACE 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
2004 29 OCT	£90,000	£230,792	61% below HPI
2002 29 NOV	£74,000	£188,786	61% below HPI

26 GIPPING PLACE 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 26 GIPPING PLACE sales from November 2002 and October 2004 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 2002 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the October 2004 sale, which was also at 61% below the HPI.

How Large is 26 GIPPING PLACE?

26 GIPPING PLACE is 49m² according to the EPC inspection conducted in October 2021. 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 26 GIPPING PLACE lies on this distribution: 1% of detached houses are smaller than 26 GIPPING PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

26 GIPPING PLACE: Plot and Title Map

26 GIPPING PLACE sits on a plot of roughly 1.5 acres, or 6,147m². The below map shows the location of 26 GIPPING PLACE, 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 26 GIPPING PLACE). 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 26 GIPPING PLACE?

26 GIPPING PLACE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 26 on GIPPING PLACE.