54, FARRIERS ROAD, STOWMARKET, IP14 2NS - £270,000

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

54 FARRIERS ROAD is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £270,000 in February 2024, which was around 36% below the average February 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

54 FARRIERS ROAD Sold Prices

Land registry data shows three sales for 54 FARRIERS ROAD 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 54 FARRIERS ROAD 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
2024 28 FEB	£270,000	£422,343	36% below HPI
2016 31 AUG	£223,000	£335,932	34% below HPI
2008 25 JAN	£173,500	£279,298	38% below HPI

54 FARRIERS ROAD 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 54 FARRIERS ROAD sales between January 2008 and February 2024 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 August 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 54 FARRIERS ROAD?

54 FARRIERS ROAD is 58m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 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 54 FARRIERS ROAD lies on this distribution: 3% of detached houses are smaller than 54 FARRIERS ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

54 FARRIERS ROAD: Plot and Title Map

54 FARRIERS ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 54 FARRIERS ROAD, 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 54 FARRIERS ROAD). 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 54 FARRIERS ROAD?

54 FARRIERS ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 54 on FARRIERS ROAD.