3, LOCKINGTON WALK, STOWMARKET, IP14 1DD - £185,000

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

3 LOCKINGTON WALK is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £185,000 in February 2006, which was around 25% below the average February 2006 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

3 LOCKINGTON WALK Sold Prices

Land registry data shows three sales for 3 LOCKINGTON WALK 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 3 LOCKINGTON WALK 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
2006 8 FEB	£185,000	£245,235	25% below HPI
2005 25 NOV	£150,000	£241,968	38% below HPI
2002 1 AUG	£119,500	£187,099	36% below HPI

3 LOCKINGTON WALK 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 3 LOCKINGTON WALK sales between August 2002 and February 2006 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 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2006 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 LOCKINGTON WALK be worth now?

3 LOCKINGTON WALK might now be worth an estimated £332,810.

This is based on house price inflation of 79.9%, between February 2006 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 79.9% inflationary increase is applied to the most recent sale price for 3 LOCKINGTON WALK of £185,000 on 8th February 2006. For the value to have increased from £185,000 to £332,810 over the seventeen years and two months to December 2024, the following assumptions must hold true:

• The value of 3 LOCKINGTON WALK has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2006 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOCKINGTON WALK has not materially changed since February 2006.

How Large is 3 LOCKINGTON WALK?

3 LOCKINGTON WALK is 87m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% 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 3 LOCKINGTON WALK lies on this distribution: 34% of detached houses houses are smaller than 3 LOCKINGTON WALK, and 65% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

3 LOCKINGTON WALK: Plot and Title Map

3 LOCKINGTON WALK sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 LOCKINGTON WALK, 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 LOCKINGTON WALK). 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 LOCKINGTON WALK?

3 LOCKINGTON WALK is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 3 on LOCKINGTON WALK.