9, MILLFIELD AVENUE, STOWMARKET, IP14 1QZ - £405,000

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

9 MILLFIELD AVENUE is a large extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £405,000 in March 2021, which was around 2% above the average March 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

9 MILLFIELD AVENUE Sold Prices

Land registry data shows four sales for 9 MILLFIELD AVENUE 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. Most of the four 9 MILLFIELD AVENUE 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 22 MAR	£405,000	£397,144	2% above HPI
2019 15 FEB	£360,000	£386,614	7% below HPI
2016 22 JAN	£310,000	£334,434	7% below HPI
2003 7 NOV	£140,000	£215,363	35% below HPI

9 MILLFIELD AVENUE 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 9 MILLFIELD AVENUE sales between November 2003 and March 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 February 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 9 MILLFIELD AVENUE be worth now?

9 MILLFIELD AVENUE might now be worth an estimated £449,898.

This is based on house price inflation of 11.1%, between March 2021 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 11.1% inflationary increase is applied to the most recent sale price for 9 MILLFIELD AVENUE of £405,000 on 22nd March 2021. For the value to have increased from £405,000 to £449,898 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 9 MILLFIELD AVENUE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MILLFIELD AVENUE has not materially changed since March 2021.

How Large is 9 MILLFIELD AVENUE?

9 MILLFIELD AVENUE is 120m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% 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 9 MILLFIELD AVENUE lies on this distribution: 72% of detached houses houses are smaller than 9 MILLFIELD AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

9 MILLFIELD AVENUE: Plot and Title Map

9 MILLFIELD AVENUE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 9 MILLFIELD AVENUE, 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 MILLFIELD AVENUE). 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 MILLFIELD AVENUE?

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