66, SPENCER WAY, STOWMARKET, IP14 1UQ - £300,000

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

66 SPENCER WAY is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £300,000 in August 2024, which was around 33% below the average August 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

66 SPENCER WAY Sold Prices

Land registry data shows three sales for 66 SPENCER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 66 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
2024 16 AUG	£300,000	£446,255	33% below HPI
2017 20 JAN	£255,000	£347,417	27% below HPI
1997 31 JAN	£67,000	£83,240	20% below HPI

66 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 three 66 SPENCER WAY sales between January 1997 and August 2024 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 66 SPENCER WAY?

66 SPENCER WAY is 83m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 66 SPENCER WAY lies on this distribution: 27% of detached houses are smaller than 66 SPENCER WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

66 SPENCER WAY: Plot and Title Map

66 SPENCER WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 66 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 66 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 66 SPENCER WAY?

66 SPENCER WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 66 on SPENCER WAY.