BANKSIDE, WESTHORPE ROAD, FINNINGHAM, STOWMARKET, IP14 4TW - £432,500

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.

BANKSIDE is a midsized extended detached house of 154m², built sometime before 1900, which could now be worth an estimated £521,323. It was last sold for £432,500 in September 2017, which was around 14% above the average September 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two BANKSIDE sales were 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
2017 20 SEP	£432,500	£378,163	14% above HPI
1999 1 SEP	£151,500	£113,063	34% above HPI

BANKSIDE 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 two BANKSIDE sales from September 1999 and September 2017 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 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2017 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might BANKSIDE be worth now?

BANKSIDE might now be worth an estimated £521,323.

This is based on house price inflation of 20.5%, between September 2017 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 20.5% inflationary increase is applied to the most recent sale price for BANKSIDE of £432,500 on 20th September 2017. For the value to have increased from £432,500 to £521,323 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of BANKSIDE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2017 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of BANKSIDE has not materially changed since September 2017.

How Large is BANKSIDE?

BANKSIDE is 154m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finningham, and where BANKSIDE lies on this distribution: 43% of detached houses houses are smaller than BANKSIDE, and 57% of houses are larger. Note that EPC data is not available for all properties in Finningham.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on WESTHORPE ROAD in FINNINGHAM, in the IP14 postcode district. The below map shows the position of BANKSIDE on WESTHORPE ROAD.