36, WELLS WAY, DEBENHAM, STOWMARKET, IP14 6SL - £310,000

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

36 WELLS WAY is a small extended detached house of 85m², built sometime between 2007 and 2011. It was last sold for £310,000 in January 2021, which was around 22% below the average January 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

36 WELLS WAY Sold Prices

Land registry data shows two sales for 36 WELLS 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. Both of the two 36 WELLS 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
2021 28 JAN	£310,000	£396,014	22% below HPI
2011 16 MAR	£217,000	£250,352	13% below HPI

36 WELLS 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 36 WELLS WAY sales from March 2011 and January 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 March 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 36 WELLS WAY?

36 WELLS WAY is 85m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% of detached houses in Debenham, based on EPC data. The below chart shows the distribution of detached houses by size in Debenham, and where 36 WELLS WAY lies on this distribution: 25% of detached houses are smaller than 36 WELLS WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Debenham.

36 WELLS WAY: Plot and Title Map

36 WELLS WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 36 WELLS 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 36 WELLS 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 36 WELLS WAY?

36 WELLS WAY is located in DEBENHAM, in the IP14 postcode district. The below map shows the position of No. 36 on WELLS WAY.