56, BUZZARD RISE, STOWMARKET, IP14 5JE - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

56 BUZZARD RISE is a small extended detached house of 88m², built sometime from 2012 onwards. It was last sold for £205,000 in January 2020, which was around 44% below the average January 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

56 BUZZARD RISE Sold Prices

Land registry data shows four sales for 56 BUZZARD RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 56 BUZZARD RISE 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 31 JAN	£205,000	£364,665	44% below HPI
2019 6 SEP	£215,000	£376,807	43% below HPI
2017 23 JUN	£215,000	£356,082	40% below HPI
2012 30 MAY	£168,000	£254,669	34% below HPI

56 BUZZARD RISE 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 four 56 BUZZARD RISE sales between May 2012 and January 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 September 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 56 BUZZARD RISE?

56 BUZZARD RISE is 88m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 56 BUZZARD RISE lies on this distribution: 35% of detached houses are smaller than 56 BUZZARD RISE, and 63% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

56 BUZZARD RISE: Plot and Title Map

56 BUZZARD RISE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 56 BUZZARD RISE, 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 56 BUZZARD RISE). 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 56 BUZZARD RISE?

56 BUZZARD RISE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 56 on BUZZARD RISE.