63, REEDS WAY, STOWUPLAND, STOWMARKET, IP14 4BP - £255,000

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

63 REEDS WAY is a very small detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £299,868. It was last sold for £255,000 in October 2019, which was around 34% below the average October 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

63 REEDS WAY Sold Prices

Land registry data shows four sales for 63 REEDS WAY 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 63 REEDS 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
2019 28 OCT	£255,000	£387,623	34% below HPI
2017 27 JAN	£225,000	£355,601	37% below HPI
2011 15 APR	£158,500	£253,816	38% below HPI
1999 8 JUL	£60,000	£107,037	44% below HPI

63 REEDS 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 four 63 REEDS WAY sales between July 1999 and October 2019 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 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 63 REEDS WAY be worth now?

63 REEDS WAY might now be worth an estimated £299,868.

This is based on house price inflation of 17.6%, between October 2019 and February 2025, 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 17.6% inflationary increase is applied to the most recent sale price for 63 REEDS WAY of £255,000 on 28th October 2019. For the value to have increased from £255,000 to £299,868 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 63 REEDS WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 63 REEDS WAY has not materially changed since October 2019.

How Large is 63 REEDS WAY?

63 REEDS WAY is 51m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses houses in Stowupland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowupland, and where 63 REEDS WAY lies on this distribution: 1% of detached houses houses are smaller than 63 REEDS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Stowupland.

63 REEDS WAY: Plot and Title Map

63 REEDS WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 63 REEDS 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 63 REEDS 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 63 REEDS WAY?

63 REEDS WAY is located in STOWUPLAND, in the IP14 postcode district. The below map shows the position of No. 63 on REEDS WAY.