7, SCHOOL MEADOW, WETHERDEN, STOWMARKET, IP14 3NQ - £382,500

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 SCHOOL MEADOW is a midsized detached house of 130m², built sometime between 1983 and 1990. It was last sold for £382,500 in July 2019, which was around 6% above the average July 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

7 SCHOOL MEADOW Sold Prices

Land registry data shows four sales for 7 SCHOOL MEADOW 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. Most of the four 7 SCHOOL MEADOW sales were for above 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 12 JUL	£382,500	£362,315	6% above HPI
2015 17 APR	£310,000	£303,834	2% above HPI
2010 15 JUL	£220,000	£261,782	16% below HPI
2001 15 AUG	£155,000	£141,359	10% above HPI

7 SCHOOL MEADOW 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 7 SCHOOL MEADOW sales between August 2001 and July 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 April 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 7 SCHOOL MEADOW?

7 SCHOOL MEADOW is 130m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Wetherden, based on EPC data. The below chart shows the distribution of detached houses by size in Wetherden, and where 7 SCHOOL MEADOW lies on this distribution: 44% of detached houses are smaller than 7 SCHOOL MEADOW, and 56% of houses are larger. Note that EPC data is not available for all properties in Wetherden.

7 SCHOOL MEADOW: Plot and Title Map

7 SCHOOL MEADOW sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 7 SCHOOL MEADOW, 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 SCHOOL MEADOW). 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 SCHOOL MEADOW?

7 SCHOOL MEADOW is located in WETHERDEN, in the IP14 postcode district. The below map shows the position of No. 7 on SCHOOL MEADOW.