7, TAKERS LANE, STOWMARKET, IP14 2AA - £153,000

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

7 TAKERS LANE is a large extended detached house of 112m², built sometime before 1900. It was last sold for £153,000 in December 2003, which was around 28% below the average December 2003 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

7 TAKERS LANE Sold Prices

Land registry data shows two sales for 7 TAKERS LANE since 1^st 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. Both of the two 7 TAKERS LANE 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
2003 2 DEC	£153,000	£213,044	28% below HPI
2002 29 NOV	£143,450	£188,786	24% below HPI

7 TAKERS LANE 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 two 7 TAKERS LANE sales from November 2002 and December 2003 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 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2003 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 TAKERS LANE?

7 TAKERS LANE is 112m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% 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 TAKERS LANE lies on this distribution: 63% of detached houses are smaller than 7 TAKERS LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

7 TAKERS LANE: Plot and Title Map

7 TAKERS LANE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 7 TAKERS LANE, 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 TAKERS LANE). 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 TAKERS LANE?

7 TAKERS LANE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 7 on TAKERS LANE.