8, HAWKS MILL STREET, NEEDHAM MARKET, IPSWICH, IP6 8AA - £159,500

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 HAWKS MILL STREET is a very small detached house of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £278,433. It was last sold for £159,500 in February 2012, which was around 39% below the average February 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was B, and the potential energy rating was B.

8 HAWKS MILL STREET Sold Prices

Land registry data shows two sales for 8 HAWKS MILL STREET 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 HAWKS MILL STREET 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
2012 6 FEB	£159,500	£261,120	39% below HPI
2009 9 JAN	£162,000	£237,143	32% below HPI

8 HAWKS MILL STREET 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 HAWKS MILL STREET sales from January 2009 and February 2012 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 January 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2012 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 8 HAWKS MILL STREET be worth now?

8 HAWKS MILL STREET might now be worth an estimated £278,433.

This is based on house price inflation of 74.6%, between February 2012 and February 2025, 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 74.6% inflationary increase is applied to the most recent sale price for 8 HAWKS MILL STREET of £159,500 on 6th February 2012. For the value to have increased from £159,500 to £278,433 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 8 HAWKS MILL STREET has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The February 2012 sale price of £159,500 represented a fair market value for the property.
• The size, condition, and specification of 8 HAWKS MILL STREET has not materially changed since February 2012.

How Large is 8 HAWKS MILL STREET?

8 HAWKS MILL STREET is 60m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Needham Market, and where 8 HAWKS MILL STREET lies on this distribution: 5% of detached houses houses are smaller than 8 HAWKS MILL STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

8 HAWKS MILL STREET: Plot and Title Map

8 HAWKS MILL STREET sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 8 HAWKS MILL STREET, 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 HAWKS MILL STREET). 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 HAWKS MILL STREET?

8 HAWKS MILL STREET is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 8 on HAWKS MILL STREET.