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

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

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 4% 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	£388,004	4% above HPI
2019 15 FEB	£360,000	£377,716	5% below HPI
2016 22 JAN	£310,000	£326,737	5% below HPI
2003 7 NOV	£140,000	£210,407	33% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

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 in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 9 MILLFIELD AVENUE lies on this distribution: 72% of detached houses are smaller than 9 MILLFIELD AVENUE, and 28% 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.