LOTHLORIEN, LOWER FARM ROAD, RINGSHALL, STOWMARKET, IP14 2JE - £397,500

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.

LOTHLORIEN is a small detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £455,348. It was last sold for £397,500 in August 2021, which was about the average August 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

LOTHLORIEN Sold Prices

Land registry data shows three sales for LOTHLORIEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. The three LOTHLORIEN sales were a mix of roughly equal to the average price, above the average price, and 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
2021 27 AUG	£397,500	£397,918	Close to HPI
2018 19 SEP	£354,000	£385,127	8% below HPI
2014 4 APR	£335,000	£274,566	22% above HPI

LOTHLORIEN 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 three LOTHLORIEN sales between April 2014 and August 2021 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 September 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might LOTHLORIEN be worth now?

LOTHLORIEN might now be worth an estimated £455,348.

This is based on house price inflation of 14.6%, between August 2021 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 14.6% inflationary increase is applied to the most recent sale price for LOTHLORIEN of £397,500 on 27th August 2021. For the value to have increased from £397,500 to £455,348 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of LOTHLORIEN has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2021 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of LOTHLORIEN has not materially changed since August 2021.

How Large is LOTHLORIEN?

LOTHLORIEN is 115m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% 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 LOTHLORIEN lies on this distribution: 25% of detached houses houses are smaller than LOTHLORIEN, and 72% of houses are larger. Note that EPC data is not available for all properties in Ringshall Stocks.

LOTHLORIEN: Plot and Title Map

LOTHLORIEN sits on a plot of roughly 0.249 of an acre, or 1,007m². The below map shows the location of LOTHLORIEN, 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 LOTHLORIEN). 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 LOTHLORIEN?

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