8, HIGH ROAD, GREAT FINBOROUGH, STOWMARKET, IP14 3AJ - £285,000

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 HIGH ROAD is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £285,000 in February 2024, which was around 33% below the average February 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

8 HIGH ROAD Sold Prices

Land registry data shows three sales for 8 HIGH ROAD 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 HIGH ROAD 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 26 FEB	£285,000	£422,343	33% below HPI
2019 31 OCT	£220,000	£378,702	42% below HPI
2018 11 JAN	£257,000	£369,551	30% below HPI

8 HIGH ROAD 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 HIGH ROAD sales between January 2018 and February 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 October 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 HIGH ROAD?

8 HIGH ROAD is 81m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Great Finborough, based on EPC data. The below chart shows the distribution of detached houses by size in Great Finborough, and where 8 HIGH ROAD lies on this distribution: 13% of detached houses are smaller than 8 HIGH ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Great Finborough.

8 HIGH ROAD: Plot and Title Map

8 HIGH ROAD sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 8 HIGH ROAD, 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 HIGH ROAD). 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 HIGH ROAD?

8 HIGH ROAD is located in GREAT FINBOROUGH, in the IP14 postcode district. The below map shows the position of No. 8 on HIGH ROAD.