HILMIC, HIGH ROAD, GREAT FINBOROUGH, STOWMARKET, IP14 3AA - £350,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

HILMIC is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2016, which was around 4% above the average August 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

HILMIC Sold Prices

Land registry data shows two sales for HILMIC 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. One of the two HILMIC sales was for above the average price, whilst the other was 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
2016 25 AUG	£350,000	£335,932	4% above HPI
2015 10 JUL	£270,000	£297,484	9% below HPI

HILMIC 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 HILMIC sales from July 2015 and August 2016 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 July 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is HILMIC?

HILMIC is 148m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% 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 HILMIC lies on this distribution: 62% of detached houses are smaller than HILMIC, and 38% of houses are larger. Note that EPC data is not available for all properties in Great Finborough.

HILMIC: Plot and Title Map

HILMIC sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of HILMIC, 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 HILMIC). 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 HILMIC?

HILMIC is located on HIGH ROAD in GREAT FINBOROUGH, in the IP14 postcode district. The below map shows the position of HILMIC on HIGH ROAD.