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 LOWRY WAY is a midsized extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £207,500 in September 2014, which was around 29% below the average September 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 5 LOWRY WAY 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 5 LOWRY WAY 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 |
---|---|---|---|
2014 12 SEP | £207,500 | £291,647 | 29% below HPI |
1996 31 OCT | £66,500 | £82,336 | 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 5 LOWRY WAY sales from October 1996 and September 2014 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 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
5 LOWRY WAY is 105m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 50% 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 LOWRY WAY lies on this distribution: 55% of detached houses are smaller than 5 LOWRY WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
5 LOWRY WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 5 LOWRY 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 5 LOWRY 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.
5 LOWRY WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 5 on LOWRY WAY.