LAUTREC, GISLINGHAM ROAD, FINNINGHAM, STOWMARKET, IP14 4HY - £382,500

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

LAUTREC is a small extended detached house of 147m², built sometime between 1976 and 1982. It was last sold for £382,500 in March 2018, which was around 4% above the average March 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

LAUTREC Sold Prices

Land registry data shows two sales for LAUTREC 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 LAUTREC 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
2018 22 MAR	£382,500	£367,375	4% above HPI
2009 17 AUG	£158,500	£233,368	32% below HPI

LAUTREC 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 LAUTREC sales from August 2009 and March 2018 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 August 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is LAUTREC?

LAUTREC is 147m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses by size in Finningham, and where LAUTREC lies on this distribution: 34% of detached houses are smaller than LAUTREC, and 66% of houses are larger. Note that EPC data is not available for all properties in Finningham.

LAUTREC: Plot and Title Map

LAUTREC sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of LAUTREC, 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 LAUTREC). 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 LAUTREC?

LAUTREC is located on GISLINGHAM ROAD in FINNINGHAM, in the IP14 postcode district. The below map shows the position of LAUTREC on GISLINGHAM ROAD.