58, SPENCER WAY, STOWMARKET, IP14 1UB - £256,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

58 SPENCER WAY is a very small semi-detached house of 72m², built sometime between 1996 and 2002. It was last sold for £256,500 in March 2022, which was around 39% below the average March 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

58 SPENCER WAY Sold Prices

Land registry data shows six sales for 58 SPENCER WAY since 1^st 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 58 SPENCER 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
2022 10 MAR	£256,500	£421,851	39% below HPI
2020 1 JUN	£227,000	£374,278	39% below HPI
2012 22 MAR	£152,500	£254,450	40% below HPI
2003 25 SEP	£125,000	£206,130	39% below HPI
1998 2 OCT	£59,995	£101,611	41% below HPI
1996 15 NOV	£56,000	£81,117	31% below HPI

58 SPENCER 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 six 58 SPENCER WAY sales between November 1996 and March 2022 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 June 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2022 sale, which was also at 39% below the HPI.

How Large is 58 SPENCER WAY?

58 SPENCER WAY is 72m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 58 SPENCER WAY lies on this distribution: 11% of detached houses are smaller than 58 SPENCER WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

58 SPENCER WAY: Plot and Title Map

58 SPENCER WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 58 SPENCER 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 58 SPENCER 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 58 SPENCER WAY?

58 SPENCER WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 58 on SPENCER WAY.