8, PEREGRINE DRIVE, STOWMARKET, IP14 5GG - £312,000

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 PEREGRINE DRIVE is a very small detached house of 58m². It was last sold for £312,000 in October 2015, which was around 4% below the average October 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was B, and the potential energy rating was B.

8 PEREGRINE DRIVE Sold Prices

Land registry data shows two sales for 8 PEREGRINE DRIVE 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 PEREGRINE DRIVE 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
2015 26 OCT	£312,000	£326,519	4% below HPI
2012 1 OCT	£250,000	£260,726	4% below HPI

8 PEREGRINE DRIVE 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 PEREGRINE DRIVE sales from October 2012 and October 2015 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 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2015 sale, which was also at 4% below the HPI.

What might 8 PEREGRINE DRIVE be worth now?

8 PEREGRINE DRIVE might now be worth an estimated £421,554.

This is based on house price inflation of 35.1%, between October 2015 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 35.1% inflationary increase is applied to the most recent sale price for 8 PEREGRINE DRIVE of £312,000 on 26th October 2015. For the value to have increased from £312,000 to £421,554 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 PEREGRINE DRIVE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2015 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PEREGRINE DRIVE has not materially changed since October 2015.

How Large is 8 PEREGRINE DRIVE?

8 PEREGRINE DRIVE is 58m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% 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 PEREGRINE DRIVE lies on this distribution: 3% of detached houses houses are smaller than 8 PEREGRINE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

8 PEREGRINE DRIVE: Plot and Title Map

8 PEREGRINE DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 8 PEREGRINE DRIVE, 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 PEREGRINE DRIVE). 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 PEREGRINE DRIVE?

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