31, WAGTAIL DRIVE, STOWMARKET, IP14 5GH - £365,000

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

31 WAGTAIL DRIVE is a large detached house of 115m². It was last sold for £365,000 in December 2021, which was around 14% below the average December 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

31 WAGTAIL DRIVE Sold Prices

Land registry data shows two sales for 31 WAGTAIL DRIVE 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. Both of the two 31 WAGTAIL DRIVE 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
2021 16 DEC	£365,000	£425,846	14% below HPI
2018 13 JUL	£335,000	£383,924	13% below HPI

31 WAGTAIL 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 two 31 WAGTAIL DRIVE sales from July 2018 and December 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 July 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 31 WAGTAIL DRIVE be worth now?

31 WAGTAIL DRIVE might now be worth an estimated £378,135.

This is based on house price inflation of 3.6%, between December 2021 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 3.6% inflationary increase is applied to the most recent sale price for 31 WAGTAIL DRIVE of £365,000 on 16th December 2021. For the value to have increased from £365,000 to £378,135 over the three years to December 2024, the following assumptions must hold true:

• The value of 31 WAGTAIL DRIVE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 31 WAGTAIL DRIVE has not materially changed since December 2021.

How Large is 31 WAGTAIL DRIVE?

31 WAGTAIL DRIVE is 115m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 31 WAGTAIL DRIVE lies on this distribution: 67% of detached houses houses are smaller than 31 WAGTAIL DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

31 WAGTAIL DRIVE: Plot and Title Map

31 WAGTAIL DRIVE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 31 WAGTAIL 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 31 WAGTAIL 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 31 WAGTAIL DRIVE?

31 WAGTAIL DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 31 on WAGTAIL DRIVE.