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
30 GIPPING PLACE is a very small detached house of 51m², built sometime between 1991 and 1995. It was last sold for £92,000 in December 2005, which was around 61% below the average December 2005 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 30 GIPPING PLACE since 1st 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 30 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 |
---|---|---|---|
2005 13 DEC | £92,000 | £235,595 | 61% below HPI |
2003 12 DEC | £84,000 | £213,044 | 61% below HPI |
2002 25 FEB | £55,950 | £158,656 | 65% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 30 GIPPING PLACE sales between February 2002 and December 2005 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 December 2003 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the December 2005 sale, which was also at 61% below the HPI.
30 GIPPING PLACE is 51m² according to the EPC inspection conducted in June 2020. 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 30 GIPPING PLACE lies on this distribution: 1% of detached houses are smaller than 30 GIPPING PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
30 GIPPING PLACE sits on a plot of roughly 1.5 acres, or 6,147m². The below map shows the location of 30 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 30 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.
30 GIPPING PLACE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 30 on GIPPING PLACE.