KARINYA, LOWER FARM ROAD, RINGSHALL, STOWMARKET, IP14 2JE - £430,000

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.

KARINYA is a small detached house of 134m², which could now be worth an estimated £485,033. It was last sold for £430,000 in December 2020, which was around 6% above the average December 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was A.

KARINYA Sold Prices

Land registry data shows two sales for KARINYA 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 KARINYA 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
2020 15 DEC	£430,000	£404,108	6% above HPI
2020 1 APR	£395,000	£372,940	6% above HPI

KARINYA 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 KARINYA sales from April 2020 and December 2020 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 April 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2020 sale, which was also at 6% above the HPI.

What might KARINYA be worth now?

KARINYA might now be worth an estimated £485,033.

This is based on house price inflation of 12.8%, between December 2020 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 12.8% inflationary increase is applied to the most recent sale price for KARINYA of £430,000 on 15th December 2020. For the value to have increased from £430,000 to £485,033 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of KARINYA has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2020 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of KARINYA has not materially changed since December 2020.

How Large is KARINYA?

KARINYA is 134m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses houses in Ringshall Stocks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringshall Stocks, and where KARINYA lies on this distribution: 38% of detached houses houses are smaller than KARINYA, and 59% of houses are larger. Note that EPC data is not available for all properties in Ringshall Stocks.

KARINYA: Plot and Title Map

KARINYA sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of KARINYA, 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 KARINYA). 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 KARINYA?

KARINYA is located on LOWER FARM ROAD in RINGSHALL, in the IP14 postcode district. The below map shows the position of KARINYA on LOWER FARM ROAD.