3, CRANESBILL WAY, STOWUPLAND, STOWMARKET, IP14 4FB - £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 CRANESBILL WAY is a small detached house of 92m². It was last sold for £420,000 in March 2022, which was about the average March 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

3 CRANESBILL WAY Sold Prices

Land registry data shows two sales for 3 CRANESBILL WAY 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. One of the two 3 CRANESBILL WAY sales was roughly equal to the average price, whilst the other was 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
2022 10 MAR	£420,000	£421,851	Close to HPI
2020 27 MAR	£324,995	£359,318	10% below HPI

3 CRANESBILL WAY 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 3 CRANESBILL WAY sales from March 2020 and March 2022 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 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 CRANESBILL WAY?

3 CRANESBILL WAY is 92m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses in Stowupland, based on EPC data. The below chart shows the distribution of detached houses by size in Stowupland, and where 3 CRANESBILL WAY lies on this distribution: 38% of detached houses are smaller than 3 CRANESBILL WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Stowupland.

3 CRANESBILL WAY: Plot and Title Map

3 CRANESBILL WAY sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 3 CRANESBILL 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 3 CRANESBILL 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 3 CRANESBILL WAY?

3 CRANESBILL WAY is located in STOWUPLAND, in the IP14 postcode district. The below map shows the position of No. 3 on CRANESBILL WAY.