9, ELIZABETH WAY, STOWMARKET, IP14 5AX - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 ELIZABETH WAY is a small extended semi-detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £290,513. It was last sold for £230,000 in June 2019, which was around 1% below the average June 2019 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

9 ELIZABETH WAY Sold Prices

Land registry data shows four sales for 9 ELIZABETH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Two of the four 9 ELIZABETH WAY sales were for below the average price, whilst one was for above 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
2019 28 JUN	£230,000	£231,868	1% below HPI
2001 11 MAY	£78,000	£78,364	Close to HPI
1996 31 OCT	£26,750	£50,861	47% below HPI
1995 9 MAY	£55,500	£48,866	14% above HPI

9 ELIZABETH WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 9 ELIZABETH WAY sales between May 1995 and June 2019 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 May 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 9 ELIZABETH WAY be worth now?

9 ELIZABETH WAY might now be worth an estimated £290,513.

This is based on house price inflation of 26.3%, between June 2019 and March 2025, for semi-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 26.3% inflationary increase is applied to the most recent sale price for 9 ELIZABETH WAY of £230,000 on 28th June 2019. For the value to have increased from £230,000 to £290,513 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of 9 ELIZABETH WAY has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The June 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ELIZABETH WAY has not materially changed since June 2019.

How Large is 9 ELIZABETH WAY?

9 ELIZABETH WAY is 91m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of semi-detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stowmarket, and where 9 ELIZABETH WAY lies on this distribution: 40% of semi-detached houses houses are smaller than 9 ELIZABETH WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

9 ELIZABETH WAY: Plot and Title Map

9 ELIZABETH WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 9 ELIZABETH 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 9 ELIZABETH 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 9 ELIZABETH WAY?

9 ELIZABETH WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 9 on ELIZABETH WAY.