9, SPENCER WAY, STOWMARKET, IP14 1UB - £355,000

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 SPENCER WAY is a large extended detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £364,716. It was last sold for £355,000 in January 2025, which was around 20% below the average January 2025 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

9 SPENCER WAY Sold Prices

Land registry data shows three sales for 9 SPENCER WAY 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 9 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
2025 30 JAN	£355,000	£443,684	20% below HPI
2006 3 MAR	£196,000	£243,112	19% below HPI
1998 5 MAY	£68,000	£95,340	29% below HPI

9 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 three 9 SPENCER WAY sales between May 1998 and January 2025 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 March 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2025 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 SPENCER WAY be worth now?

9 SPENCER WAY might now be worth an estimated £364,716.

This is based on house price inflation of 2.7%, between January 2025 and February 2025, 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 2.7% inflationary increase is applied to the most recent sale price for 9 SPENCER WAY of £355,000 on 30th January 2025. For the value to have increased from £355,000 to £364,716 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 9 SPENCER WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2025 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPENCER WAY has not materially changed since January 2025.

How Large is 9 SPENCER WAY?

9 SPENCER WAY is 125m², which includes two extensions, according to the EPC inspection conducted in August 2024. 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 SPENCER WAY lies on this distribution: 75% of detached houses houses are smaller than 9 SPENCER WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

9 SPENCER WAY: Plot and Title Map

9 SPENCER WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 9 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 9 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 9 SPENCER WAY?

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