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
7 CHURCH ROAD is a very large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £485,000 in November 2022, which was around 7% above the average November 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 CHURCH ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 7 CHURCH ROAD sales was for above the average price, whilst the other was 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 14 NOV | £485,000 | £451,794 | 7% above HPI |
2013 22 MAR | £218,000 | £253,917 | 14% 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 two 7 CHURCH ROAD sales from March 2013 and November 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 March 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
7 CHURCH ROAD is 152m², which includes four extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 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 7 CHURCH ROAD lies on this distribution: 90% of detached houses are smaller than 7 CHURCH ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
7 CHURCH ROAD sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 7 CHURCH ROAD, 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 7 CHURCH ROAD). 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.
7 CHURCH ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 7 on CHURCH ROAD.