MEADOW BANK, BEECH LANE, WETHERDEN, STOWMARKET, IP14 3LT - £440,000

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

MEADOW BANK is a large extended detached house of 161m², built sometime between 2003 and 2006. It was last sold for £440,000 in January 2014, which was around 60% above the average January 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

MEADOW BANK Sold Prices

Land registry data shows two sales for MEADOW BANK 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 MEADOW BANK 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
2014 31 JAN	£440,000	£275,529	60% above HPI
2007 16 MAR	£235,000	£260,720	10% below HPI

MEADOW BANK 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 MEADOW BANK sales from March 2007 and January 2014 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 March 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2014 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is MEADOW BANK?

MEADOW BANK is 161m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses in Wetherden, based on EPC data. The below chart shows the distribution of detached houses by size in Wetherden, and where MEADOW BANK lies on this distribution: 70% of detached houses are smaller than MEADOW BANK, and 30% of houses are larger. Note that EPC data is not available for all properties in Wetherden.

MEADOW BANK: Plot and Title Map

MEADOW BANK sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of MEADOW BANK, 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 MEADOW BANK). 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 MEADOW BANK?

MEADOW BANK is located on BEECH LANE in WETHERDEN, in the IP14 postcode district. The below map shows the position of MEADOW BANK on BEECH LANE.