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 WEST VIEW is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £249,000 in August 2015, which was around 17% below the average August 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 WEST VIEW since 1st 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 7 WEST VIEW 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 |
---|---|---|---|
2015 28 AUG | £249,000 | £300,166 | 17% below HPI |
2003 10 NOV | £170,000 | £210,407 | 19% below HPI |
2003 21 FEB | £138,000 | £191,086 | 28% 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 three 7 WEST VIEW sales between February 2003 and August 2015 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
7 WEST VIEW is 78m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 WEST VIEW lies on this distribution: 17% of detached houses are smaller than 7 WEST VIEW, and 81% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
7 WEST VIEW sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 7 WEST VIEW, 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 WEST VIEW). 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 WEST VIEW is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 7 on WEST VIEW.