84, SPENCER WAY, STOWMARKET, IP14 1UQ - £317,000

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

84 SPENCER WAY is a small detached house of 91m², built sometime between 2007 and 2011. It was last sold for £317,000 in June 2021, which was around 18% below the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

84 SPENCER WAY Sold Prices

Land registry data shows four sales for 84 SPENCER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 84 SPENCER 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 29 JUN	£317,000	£385,084	18% below HPI
2014 23 SEP	£203,000	£291,647	30% below HPI
2004 25 JUN	£175,000	£214,372	18% below HPI
1999 16 APR	£84,850	£107,103	21% below HPI

84 SPENCER 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 four 84 SPENCER WAY sales between April 1999 and June 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 September 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 84 SPENCER WAY?

84 SPENCER WAY is 91m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 84 SPENCER WAY lies on this distribution: 40% of detached houses are smaller than 84 SPENCER WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

84 SPENCER WAY: Plot and Title Map

84 SPENCER WAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 84 SPENCER 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 84 SPENCER 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 84 SPENCER WAY?

84 SPENCER WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 84 on SPENCER WAY.