53, REEDS WAY, STOWUPLAND, STOWMARKET, IP14 4BP - £159,995

53 REEDS WAY is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £159,995 in August 2012, which was around 37% below the average August 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

53 REEDS WAY Sold Prices

Land registry data shows three sales for 53 REEDS 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 53 REEDS 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
2012 28 AUG	£159,995	£253,833	37% below HPI
2005 12 MAY	£137,500	£229,916	40% below HPI
2002 15 MAR	£94,950	£164,138	42% below HPI

53 REEDS 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 53 REEDS WAY sales between March 2002 and August 2012 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 May 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2012 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 53 REEDS WAY?

53 REEDS WAY is 59m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Stowupland, based on EPC data. The below chart shows the distribution of detached houses by size in Stowupland, and where 53 REEDS WAY lies on this distribution: 2% of detached houses are smaller than 53 REEDS WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Stowupland.

53 REEDS WAY: Plot and Title Map

53 REEDS WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 53 REEDS 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 53 REEDS 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 53 REEDS WAY?

53 REEDS WAY is located in STOWUPLAND, in the IP14 postcode district. The below map shows the position of No. 53 on REEDS WAY.