50, SPENCER WAY, STOWMARKET, IP14 1UB - £255,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

50 SPENCER WAY is a very small semi-detached house of 71m², built sometime between 1983 and 1990. It was last sold for £255,000 in October 2021, which was around 37% below the average October 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

50 SPENCER WAY Sold Prices

Land registry data shows three sales for 50 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. All of the three 50 SPENCER 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
2021 14 OCT	£255,000	£406,742	37% below HPI
2004 27 FEB	£133,000	£211,508	37% below HPI
1996 11 OCT	£56,000	£82,336	32% below HPI

50 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 50 SPENCER WAY sales between October 1996 and October 2021 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 February 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2021 sale, which was also at 37% below the HPI.

How Large is 50 SPENCER WAY?

50 SPENCER WAY is 71m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 50 SPENCER WAY lies on this distribution: 10% of detached houses are smaller than 50 SPENCER WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

50 SPENCER WAY: Plot and Title Map

50 SPENCER WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 50 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 50 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 50 SPENCER WAY?

50 SPENCER WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 50 on SPENCER WAY.