8, ALDHAM GARDENS, STOWMARKET, IP14 2PS - £325,000

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

8 ALDHAM GARDENS is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £325,000 in June 2022, which was around 24% below the average June 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

8 ALDHAM GARDENS Sold Prices

Land registry data shows three sales for 8 ALDHAM GARDENS 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 8 ALDHAM GARDENS 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
2022 23 JUN	£325,000	£425,738	24% below HPI
2018 28 NOV	£315,000	£366,652	14% below HPI
2017 11 APR	£252,500	£350,677	28% below HPI

8 ALDHAM GARDENS 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 8 ALDHAM GARDENS sales between April 2017 and June 2022 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 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 ALDHAM GARDENS?

8 ALDHAM GARDENS is 72m² according to the EPC inspection conducted in January 2017. 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 8 ALDHAM GARDENS lies on this distribution: 11% of detached houses are smaller than 8 ALDHAM GARDENS, and 88% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

8 ALDHAM GARDENS: Plot and Title Map

8 ALDHAM GARDENS sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 8 ALDHAM GARDENS, 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 8 ALDHAM GARDENS). 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 8 ALDHAM GARDENS?

8 ALDHAM GARDENS is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 8 on ALDHAM GARDENS.