FRESHFIELDS, STATION ROAD, BACTON, STOWMARKET, IP14 4NJ - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FRESHFIELDS is a very small detached house of 112m², built sometime between 1976 and 1982. It was last sold for £400,000 in April 2024, which was around 6% below the average April 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

FRESHFIELDS Sold Prices

Land registry data shows four sales for FRESHFIELDS 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. All of the four FRESHFIELDS 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
2024 19 APR	£400,000	£427,807	6% below HPI
2020 21 OCT	£335,000	£381,936	12% below HPI
2019 12 APR	£326,000	£373,807	13% below HPI
2009 6 FEB	£150,000	£221,218	32% below HPI

FRESHFIELDS 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 FRESHFIELDS sales between February 2009 and April 2024 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 October 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is FRESHFIELDS?

FRESHFIELDS is 112m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Cotton, based on EPC data. The below chart shows the distribution of detached houses by size in Cotton, and where FRESHFIELDS lies on this distribution: 18% of detached houses are smaller than FRESHFIELDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Cotton.

FRESHFIELDS: Plot and Title Map

FRESHFIELDS sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of FRESHFIELDS, 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 FRESHFIELDS). 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 FRESHFIELDS?

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