5, CORMORANT DRIVE, STOWMARKET, IP14 5UE - £134,500

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

5 CORMORANT DRIVE is a very small detached house of 63m², built sometime between 2003 and 2006. It was last sold for £134,500 in May 2007, which was around 49% below the average May 2007 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

5 CORMORANT DRIVE Sold Prices

Land registry data shows three sales for 5 CORMORANT DRIVE 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 5 CORMORANT DRIVE 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
2007 4 MAY	£134,500	£263,628	49% below HPI
2007 30 APR	£134,500	£263,872	49% below HPI
2004 30 APR	£107,950	£206,426	48% below HPI

5 CORMORANT DRIVE 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 5 CORMORANT DRIVE sales between April 2004 and May 2007 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 April 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2007 sale, which was also at 49% below the HPI.

How Large is 5 CORMORANT DRIVE?

5 CORMORANT DRIVE is 63m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 5 CORMORANT DRIVE lies on this distribution: 5% of detached houses are smaller than 5 CORMORANT DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

5 CORMORANT DRIVE: Plot and Title Map

5 CORMORANT DRIVE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 5 CORMORANT DRIVE, 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 5 CORMORANT DRIVE). 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 5 CORMORANT DRIVE?

5 CORMORANT DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 5 on CORMORANT DRIVE.