CROFT HOUSE, GREAT FINBOROUGH, STOWMARKET, IP14 3BG - £850,000

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

CROFT HOUSE is a large extended detached house of 203m², built sometime between 1996 and 2002. It was last sold for £850,000 in February 2023, which was around 95% above the average February 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

CROFT HOUSE Sold Prices

Land registry data shows two sales for CROFT HOUSE 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 CROFT HOUSE 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
2023 24 FEB	£850,000	£436,896	95% above HPI
2017 27 JAN	£630,000	£347,417	81% above HPI

CROFT HOUSE 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 CROFT HOUSE sales from January 2017 and February 2023 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 January 2017 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the February 2023 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is CROFT HOUSE?

CROFT HOUSE is 203m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Great Finborough, based on EPC data. The below chart shows the distribution of detached houses by size in Great Finborough, and where CROFT HOUSE lies on this distribution: 74% of detached houses are smaller than CROFT HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Great Finborough.

CROFT HOUSE: Plot and Title Map

CROFT HOUSE sits on a plot of roughly 1.2 acres, or 4,747m². The below map shows the location of CROFT HOUSE, 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 CROFT HOUSE). 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 CROFT HOUSE?

CROFT HOUSE is located in GREAT FINBOROUGH, in the IP14 postcode district. The below map shows the position of CROFT HOUSE in GREAT FINBOROUGH.