4, TERN ROAD, STOWMARKET, IP14 5FR - £263,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 TERN ROAD is a large extended detached house of 117m², built sometime between 2003 and 2006. It was last sold for £263,000 in June 2019, which was around 28% below the average June 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

4 TERN ROAD Sold Prices

Land registry data shows three sales for 4 TERN ROAD 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 4 TERN ROAD 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
2019 14 JUN	£263,000	£364,556	28% below HPI
2016 2 DEC	£263,000	£345,883	24% below HPI
2005 31 OCT	£230,000	£234,451	2% below HPI

4 TERN ROAD 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 4 TERN ROAD sales between October 2005 and June 2019 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 4 TERN ROAD?

4 TERN ROAD is 117m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 4 TERN ROAD lies on this distribution: 69% of detached houses are smaller than 4 TERN ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

4 TERN ROAD: Plot and Title Map

4 TERN ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 4 TERN ROAD, 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 4 TERN ROAD). 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 4 TERN ROAD?

4 TERN ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 4 on TERN ROAD.