8, TERN ROAD, STOWMARKET, IP14 5FR - £218,500

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 TERN ROAD is a large extended detached house of 112m², built sometime between 2003 and 2006. It was last sold for £218,500 in May 2015, which was around 30% below the average May 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

8 TERN ROAD Sold Prices

Land registry data shows three sales for 8 TERN 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 TERN 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
2015 1 MAY	£218,500	£311,171	30% below HPI
2006 25 AUG	£219,995	£257,390	15% below HPI
2005 19 OCT	£225,000	£239,975	6% below HPI

8 TERN 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 TERN ROAD sales between October 2005 and May 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 August 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 TERN ROAD be worth now?

8 TERN ROAD might now be worth an estimated £309,784.

This is based on house price inflation of 41.8%, between May 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 41.8% inflationary increase is applied to the most recent sale price for 8 TERN ROAD of £218,500 on 1st May 2015. For the value to have increased from £218,500 to £309,784 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 8 TERN ROAD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2015 sale price of £218,500 represented a fair market value for the property.
• The size, condition, and specification of 8 TERN ROAD has not materially changed since May 2015.

How Large is 8 TERN ROAD?

8 TERN ROAD is 112m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 40% 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 TERN ROAD lies on this distribution: 63% of detached houses houses are smaller than 8 TERN ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

8 TERN ROAD: Plot and Title Map

8 TERN ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 8 TERN 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 TERN 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 TERN ROAD?

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