49, SPENCER WAY, STOWMARKET, IP14 1UB - £173,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 SPENCER WAY is a large extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £173,000 in December 2005, which was around 28% below the average December 2005 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

49 SPENCER WAY Sold Prices

Land registry data shows three sales for 49 SPENCER WAY 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. The three 49 SPENCER WAY sales were a mix of below the average price, and roughly equal to 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
2005 22 DEC	£173,000	£241,145	28% below HPI
1999 15 OCT	£87,950	£116,922	25% below HPI
1995 16 AUG	£81,075	£80,763	Close to HPI

49 SPENCER 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 three 49 SPENCER WAY sales between August 1995 and December 2005 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 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2005 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 49 SPENCER WAY be worth now?

49 SPENCER WAY might now be worth an estimated £316,501.

This is based on house price inflation of 82.9%, between December 2005 and December 2024, for 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 82.9% inflationary increase is applied to the most recent sale price for 49 SPENCER WAY of £173,000 on 22nd December 2005. For the value to have increased from £173,000 to £316,501 over the nineteen years to December 2024, the following assumptions must hold true:

• The value of 49 SPENCER WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2005 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 49 SPENCER WAY has not materially changed since December 2005.

How Large is 49 SPENCER WAY?

49 SPENCER WAY is 118m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 49 SPENCER WAY lies on this distribution: 71% of detached houses houses are smaller than 49 SPENCER WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

49 SPENCER WAY: Plot and Title Map

49 SPENCER WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 49 SPENCER 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 49 SPENCER 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 49 SPENCER WAY?

49 SPENCER WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 49 on SPENCER WAY.