7, COMBS WOOD DRIVE, STOWMARKET, IP14 2RL - £196,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 COMBS WOOD DRIVE is a very small semi-detached house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £247,081. It was last sold for £196,500 in March 2018, which was around 16% below the average March 2018 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

7 COMBS WOOD DRIVE Sold Prices

Land registry data shows four sales for 7 COMBS WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 7 COMBS WOOD 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
2018 1 MAR	£196,500	£232,917	16% below HPI
2012 16 NOV	£67,500	£163,312	59% below HPI
2004 5 NOV	£58,250	£149,735	61% below HPI
2000 6 SEP	£32,500	£80,196	59% below HPI

7 COMBS WOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 7 COMBS WOOD DRIVE sales between September 2000 and March 2018 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 November 2012 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the March 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 COMBS WOOD DRIVE be worth now?

7 COMBS WOOD DRIVE might now be worth an estimated £247,081.

This is based on house price inflation of 25.7%, between March 2018 and March 2025, for semi-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 25.7% inflationary increase is applied to the most recent sale price for 7 COMBS WOOD DRIVE of £196,500 on 1st March 2018. For the value to have increased from £196,500 to £247,081 over the seven years to March 2025, the following assumptions must hold true:

• The value of 7 COMBS WOOD DRIVE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The March 2018 sale price of £196,500 represented a fair market value for the property.
• The size, condition, and specification of 7 COMBS WOOD DRIVE has not materially changed since March 2018.

How Large is 7 COMBS WOOD DRIVE?

7 COMBS WOOD DRIVE is 67m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of semi-detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stowmarket, and where 7 COMBS WOOD DRIVE lies on this distribution: 7% of semi-detached houses houses are smaller than 7 COMBS WOOD DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

7 COMBS WOOD DRIVE: Plot and Title Map

7 COMBS WOOD DRIVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 7 COMBS WOOD 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 7 COMBS WOOD 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.

Where is 7 COMBS WOOD DRIVE?

7 COMBS WOOD DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 7 on COMBS WOOD DRIVE.