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
62 THIRLMERE DRIVE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £260,000 in August 2020, which was around 30% below the average August 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 62 THIRLMERE 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 62 THIRLMERE 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 26 AUG | £260,000 | £369,411 | 30% below HPI |
2017 23 OCT | £240,000 | £372,013 | 35% below HPI |
2004 29 APR | £169,000 | £206,426 | 18% below HPI |
1998 10 DEC | £65,000 | £98,377 | 34% 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 62 THIRLMERE DRIVE sales between December 1998 and August 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 October 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
62 THIRLMERE DRIVE is 68m² according to the EPC inspection conducted in June 2017. 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 62 THIRLMERE DRIVE lies on this distribution: 8% of detached houses are smaller than 62 THIRLMERE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
62 THIRLMERE DRIVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 62 THIRLMERE 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 62 THIRLMERE 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.
62 THIRLMERE DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 62 on THIRLMERE DRIVE.