7, WOODWARD AVENUE, BACTON, STOWMARKET, IP14 4LS - £300,000

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 WOODWARD AVENUE is a small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £300,000 in March 2024, which was around 29% below the average March 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

7 WOODWARD AVENUE Sold Prices

Land registry data shows three sales for 7 WOODWARD AVENUE since 1^st 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 WOODWARD AVENUE 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
2024 15 MAR	£300,000	£424,319	29% below HPI
2022 21 JUL	£275,000	£425,314	35% below HPI
1995 13 FEB	£48,000	£78,344	39% below HPI

7 WOODWARD AVENUE 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 three 7 WOODWARD AVENUE sales between February 1995 and March 2024 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 July 2022 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 WOODWARD AVENUE?

7 WOODWARD AVENUE is 78m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where 7 WOODWARD AVENUE lies on this distribution: 23% of detached houses are smaller than 7 WOODWARD AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bacton.

7 WOODWARD AVENUE: Plot and Title Map

7 WOODWARD AVENUE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 7 WOODWARD AVENUE, 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 WOODWARD AVENUE). 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 WOODWARD AVENUE?

7 WOODWARD AVENUE is located in BACTON, in the IP14 postcode district. The below map shows the position of No. 7 on WOODWARD AVENUE.