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
52 CORMORANT DRIVE is a very large detached house of 162m², built sometime between 2003 and 2006. It was last sold for £362,500 in February 2023, which was around 17% below the average February 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows six sales for 52 CORMORANT DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the six 52 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 |
---|---|---|---|
2023 3 FEB | £362,500 | £436,896 | 17% below HPI |
2020 27 MAR | £300,000 | £359,318 | 17% below HPI |
2014 22 AUG | £230,000 | £290,279 | 21% below HPI |
2009 9 APR | £180,000 | £214,360 | 16% below HPI |
2009 30 JAN | £175,000 | £231,685 | 24% below HPI |
2006 28 SEP | £249,845 | £255,672 | 2% 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 six 52 CORMORANT DRIVE sales between September 2006 and February 2023 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 March 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2023 sale, which was also at 17% below the HPI.
52 CORMORANT DRIVE is 162m² according to the EPC inspection conducted in December 2008. This puts it in the largest 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 52 CORMORANT DRIVE lies on this distribution: 92% of detached houses are smaller than 52 CORMORANT DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
52 CORMORANT DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 52 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 52 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.
52 CORMORANT DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 52 on CORMORANT DRIVE.