3, ALEXANDER DRIVE, FINNINGHAM, STOWMARKET, IP14 4JX - £420,000

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

3 ALEXANDER DRIVE is a very small detached house of 127m², built sometime between 1991 and 1995. It was last sold for £420,000 in June 2021, which was around 9% above the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

3 ALEXANDER DRIVE Sold Prices

Land registry data shows five sales for 3 ALEXANDER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five 3 ALEXANDER 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 25 JUN	£420,000	£385,084	9% above HPI
2006 24 MAY	£280,000	£238,552	17% above HPI
2003 23 APR	£230,000	£194,353	18% above HPI
2002 25 JAN	£195,500	£157,899	24% above HPI
1996 16 OCT	£116,000	£82,336	41% above HPI

3 ALEXANDER DRIVE 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 five 3 ALEXANDER DRIVE sales between October 1996 and June 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 May 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 3 ALEXANDER DRIVE?

3 ALEXANDER DRIVE is 127m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses by size in Finningham, and where 3 ALEXANDER DRIVE lies on this distribution: 18% of detached houses are smaller than 3 ALEXANDER DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Finningham.

3 ALEXANDER DRIVE: Plot and Title Map

3 ALEXANDER DRIVE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 3 ALEXANDER 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 3 ALEXANDER 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 3 ALEXANDER DRIVE?

3 ALEXANDER DRIVE is located in FINNINGHAM, in the IP14 postcode district. The below map shows the position of No. 3 on ALEXANDER DRIVE.