32, REEDS WAY, STOWUPLAND, STOWMARKET, IP14 4BP - £130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 REEDS WAY is a very small semi-detached house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £229,969. It was last sold for £130,000 in June 2013, which was around 19% below the average June 2013 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

32 REEDS WAY Sold Prices

Land registry data shows four sales for 32 REEDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 32 REEDS WAY 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
2013 28 JUN	£130,000	£160,846	19% below HPI
2009 20 FEB	£112,500	£143,259	21% below HPI
2005 18 MAR	£115,000	£151,319	24% below HPI
1995 21 JUL	£44,000	£48,299	9% below HPI

32 REEDS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 32 REEDS WAY sales between July 1995 and June 2013 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 February 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 32 REEDS WAY be worth now?

32 REEDS WAY might now be worth an estimated £229,969.

This is based on house price inflation of 76.9%, between June 2013 and February 2025, for semi-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 76.9% inflationary increase is applied to the most recent sale price for 32 REEDS WAY of £130,000 on 28th June 2013. For the value to have increased from £130,000 to £229,969 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 32 REEDS WAY has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The June 2013 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 32 REEDS WAY has not materially changed since June 2013.

How Large is 32 REEDS WAY?

32 REEDS WAY is 62m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in Stowupland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stowupland, and where 32 REEDS WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 32 REEDS WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Stowupland.

32 REEDS WAY: Plot and Title Map

32 REEDS WAY sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 32 REEDS 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 32 REEDS 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 32 REEDS WAY?

32 REEDS WAY is located in STOWUPLAND, in the IP14 postcode district. The below map shows the position of No. 32 on REEDS WAY.