CASA MIA, PILGRIMS WAY, GREAT FINBOROUGH, STOWMARKET, IP14 3DD - £282,000

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.

CASA MIA is a small detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £430,605. It was last sold for £282,000 in September 2014, which was around 6% below the average September 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

CASA MIA Sold Prices

Land registry data shows three sales for CASA MIA 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. Two of the three CASA MIA sales were for below the average price, whilst one was 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
2014 29 SEP	£282,000	£298,518	6% below HPI
2007 14 SEP	£275,000	£278,451	1% below HPI
2000 9 NOV	£142,000	£134,315	6% above HPI

CASA MIA 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 CASA MIA sales between November 2000 and September 2014 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might CASA MIA be worth now?

CASA MIA might now be worth an estimated £430,605.

This is based on house price inflation of 52.7%, between September 2014 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 52.7% inflationary increase is applied to the most recent sale price for CASA MIA of £282,000 on 29th September 2014. For the value to have increased from £282,000 to £430,605 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of CASA MIA has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2014 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of CASA MIA has not materially changed since September 2014.

How Large is CASA MIA?

CASA MIA is 115m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses houses in Great Finborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Finborough, and where CASA MIA lies on this distribution: 36% of detached houses houses are smaller than CASA MIA, and 64% of houses are larger. Note that EPC data is not available for all properties in Great Finborough.

CASA MIA: Plot and Title Map

CASA MIA sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of CASA MIA, 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 CASA MIA). 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 CASA MIA?

CASA MIA is located on PILGRIMS WAY in GREAT FINBOROUGH, in the IP14 postcode district. The below map shows the position of CASA MIA on PILGRIMS WAY.