BROADWAY, STATION ROAD, COTTON, STOWMARKET, IP14 4NQ - £375,000

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.

BROADWAY is a midsized detached house of 148m², built sometime between 1900 and 1929, which could now be worth an estimated £447,994. It was last sold for £375,000 in March 2019, which was around 2% below the average March 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

BROADWAY Sold Prices

Land registry data shows four sales for BROADWAY 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 BROADWAY 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
2019 1 MAR	£375,000	£381,557	2% below HPI
2014 19 SEP	£245,000	£298,518	18% below HPI
2007 6 JUN	£240,000	£266,254	10% below HPI
2007 27 FEB	£390,000	£262,713	48% above HPI

BROADWAY 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 BROADWAY sales between February 2007 and March 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 September 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might BROADWAY be worth now?

BROADWAY might now be worth an estimated £447,994.

This is based on house price inflation of 19.5%, between March 2019 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 19.5% inflationary increase is applied to the most recent sale price for BROADWAY of £375,000 on 1st March 2019. For the value to have increased from £375,000 to £447,994 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of BROADWAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of BROADWAY has not materially changed since March 2019.

How Large is BROADWAY?

BROADWAY is 148m² according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses houses in Cotton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cotton, and where BROADWAY lies on this distribution: 59% of detached houses houses are smaller than BROADWAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Cotton.

BROADWAY: Plot and Title Map

BROADWAY sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of BROADWAY, 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 BROADWAY). 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 BROADWAY?

BROADWAY is located on STATION ROAD in COTTON, in the IP14 postcode district. The below map shows the position of BROADWAY on STATION ROAD.