28, MILLFIELD AVENUE, STOWMARKET, IP14 1QZ - £225,000

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

28 MILLFIELD AVENUE is a very large detached house of 130m². It was last sold for £225,000 in January 2009, which was around 5% below the average January 2009 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was B.

28 MILLFIELD AVENUE Sold Prices

Land registry data shows three sales for 28 MILLFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 28 MILLFIELD AVENUE 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
2009 21 JAN	£225,000	£237,143	5% below HPI
2006 17 MAR	£110,000	£243,112	55% below HPI
2005 1 FEB	£210,000	£230,961	9% below HPI

28 MILLFIELD AVENUE 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 three 28 MILLFIELD AVENUE sales between February 2005 and January 2009 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 March 2006 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2009 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 28 MILLFIELD AVENUE be worth now?

28 MILLFIELD AVENUE might now be worth an estimated £418,581.

This is based on house price inflation of 86%, between January 2009 and December 2024, for 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 86% inflationary increase is applied to the most recent sale price for 28 MILLFIELD AVENUE of £225,000 on 21st January 2009. For the value to have increased from £225,000 to £418,581 over the fourteen years and one month to December 2024, the following assumptions must hold true:

• The value of 28 MILLFIELD AVENUE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MILLFIELD AVENUE has not materially changed since January 2009.

How Large is 28 MILLFIELD AVENUE?

28 MILLFIELD AVENUE is 130m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 28 MILLFIELD AVENUE lies on this distribution: 81% of detached houses houses are smaller than 28 MILLFIELD AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

28 MILLFIELD AVENUE: Plot and Title Map

28 MILLFIELD AVENUE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 28 MILLFIELD AVENUE, 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 28 MILLFIELD AVENUE). 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 28 MILLFIELD AVENUE?

28 MILLFIELD AVENUE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 28 on MILLFIELD AVENUE.