5, SHEARWATER WAY, STOWMARKET, IP14 5UG - £308,000

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

5 SHEARWATER WAY is a very large detached house of 130m², built sometime between 2003 and 2006. It was last sold for £308,000 in February 2020, which was around 15% below the average February 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

5 SHEARWATER WAY Sold Prices

Land registry data shows three sales for 5 SHEARWATER 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. All of the three 5 SHEARWATER 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
2020 21 FEB	£308,000	£363,795	15% below HPI
2018 22 JUN	£330,000	£372,018	11% below HPI
2003 12 DEC	£199,950	£213,044	6% below HPI

5 SHEARWATER 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 5 SHEARWATER WAY sales between December 2003 and February 2020 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 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 SHEARWATER WAY?

5 SHEARWATER WAY is 130m² according to the EPC inspection conducted in October 2019. This puts it in the largest 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 5 SHEARWATER WAY lies on this distribution: 80% of detached houses are smaller than 5 SHEARWATER WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

5 SHEARWATER WAY: Plot and Title Map

5 SHEARWATER WAY sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 5 SHEARWATER 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 SHEARWATER 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 5 SHEARWATER WAY?

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