8, ELIOT WAY, STOWMARKET, IP14 1RG - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ELIOT WAY is a midsized detached house of 103m², built sometime between 1991 and 1995. It was last sold for £350,000 in November 2021, which was around 17% below the average November 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 ELIOT WAY Sold Prices

Land registry data shows two sales for 8 ELIOT WAY 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 8 ELIOT WAY 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
2021 22 NOV	£350,000	£423,238	17% below HPI
1999 8 JUL	£106,250	£107,037	1% below HPI

8 ELIOT WAY 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 8 ELIOT WAY sales from July 1999 and November 2021 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 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 ELIOT WAY be worth now?

8 ELIOT WAY might now be worth an estimated £364,830.

This is based on house price inflation of 4.2%, between November 2021 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% inflationary increase is applied to the most recent sale price for 8 ELIOT WAY of £350,000 on 22nd November 2021. For the value to have increased from £350,000 to £364,830 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 ELIOT WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELIOT WAY has not materially changed since November 2021.

How Large is 8 ELIOT WAY?

8 ELIOT WAY is 103m² according to the EPC inspection conducted in April 2021. This puts it in the largest 50% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 8 ELIOT WAY lies on this distribution: 54% of detached houses houses are smaller than 8 ELIOT WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

8 ELIOT WAY: Plot and Title Map

8 ELIOT WAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 8 ELIOT WAY, 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 ELIOT WAY). 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 ELIOT WAY?

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