56, ELIZABETH WAY, STOWMARKET, IP14 5AX - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

56 ELIZABETH WAY is a very large extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £465,000 in November 2023, which was around 8% above the average November 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was A.

56 ELIZABETH WAY Sold Prices

Land registry data shows two sales for 56 ELIZABETH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 56 ELIZABETH WAY sales were for above 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 13 NOV	£465,000	£431,261	8% above HPI
2006 4 JAN	£255,000	£246,240	4% above HPI

56 ELIZABETH 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 two 56 ELIZABETH WAY sales from January 2006 and November 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 January 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 56 ELIZABETH WAY be worth now?

56 ELIZABETH WAY might now be worth an estimated £475,685.

This is based on house price inflation of 2.3%, between November 2023 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 56 ELIZABETH WAY of £465,000 on 13th November 2023. For the value to have increased from £465,000 to £475,685 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 56 ELIZABETH WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2023 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 56 ELIZABETH WAY has not materially changed since November 2023.

How Large is 56 ELIZABETH WAY?

56 ELIZABETH WAY is 150m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 56 ELIZABETH WAY lies on this distribution: 90% of detached houses houses are smaller than 56 ELIZABETH WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

56 ELIZABETH WAY: Plot and Title Map

56 ELIZABETH WAY sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of 56 ELIZABETH 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 56 ELIZABETH 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 56 ELIZABETH WAY?

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