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
6 CORMORANT DRIVE is a midsized detached house of 95m², built sometime between 2003 and 2006. It was last sold for £263,000 in February 2020, which was around 28% below the average February 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 6 CORMORANT DRIVE since 1st 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 6 CORMORANT DRIVE 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 6 FEB | £263,000 | £363,795 | 28% below HPI |
2017 15 AUG | £257,500 | £364,938 | 29% below HPI |
2011 24 JUN | £186,000 | £245,708 | 24% below HPI |
2004 17 SEP | £169,950 | £232,440 | 27% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 6 CORMORANT DRIVE sales between September 2004 and February 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 August 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
6 CORMORANT DRIVE is 95m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 6 CORMORANT DRIVE lies on this distribution: 43% of detached houses are smaller than 6 CORMORANT DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
6 CORMORANT DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 6 CORMORANT DRIVE, 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 6 CORMORANT DRIVE). 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.
6 CORMORANT DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 6 on CORMORANT DRIVE.