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
42 FINBOROUGH ROAD is a small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £360,000 in October 2022, which was around 19% below the average October 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 42 FINBOROUGH ROAD since 1st 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 42 FINBOROUGH 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 |
---|---|---|---|
2022 11 OCT | £360,000 | £445,264 | 19% below HPI |
2017 28 JUN | £290,000 | £356,082 | 19% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 42 FINBOROUGH ROAD sales from June 2017 and October 2022 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 June 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, which was also at 19% below the HPI.
42 FINBOROUGH ROAD is 91m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 42 FINBOROUGH ROAD lies on this distribution: 40% of detached houses are smaller than 42 FINBOROUGH ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
42 FINBOROUGH ROAD sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 42 FINBOROUGH 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 42 FINBOROUGH 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.
42 FINBOROUGH ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 42 on FINBOROUGH ROAD.