40, THACKERAY GROVE, STOWMARKET, IP14 1RE - £220,000

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

40 THACKERAY GROVE is a very small detached house of 78m², built sometime between 2003 and 2006. It was last sold for £220,000 in September 2015, which was around 29% below the average September 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

40 THACKERAY GROVE Sold Prices

Land registry data shows four sales for 40 THACKERAY GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 40 THACKERAY GROVE 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
2015 4 SEP	£220,000	£310,485	29% below HPI
2009 16 OCT	£169,000	£243,217	31% below HPI
2008 30 MAY	£192,500	£265,260	27% below HPI
2004 25 MAY	£164,500	£204,533	20% below HPI

40 THACKERAY GROVE 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 four 40 THACKERAY GROVE sales between May 2004 and September 2015 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 October 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 40 THACKERAY GROVE?

40 THACKERAY GROVE is 78m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 40 THACKERAY GROVE lies on this distribution: 17% of detached houses are smaller than 40 THACKERAY GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

40 THACKERAY GROVE: Plot and Title Map

40 THACKERAY GROVE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 40 THACKERAY GROVE, 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 40 THACKERAY GROVE). 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 40 THACKERAY GROVE?

40 THACKERAY GROVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 40 on THACKERAY GROVE.