OAK HOUSE, VALLEY LANE, GREAT FINBOROUGH, STOWMARKET, IP14 3BE - £625,000

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

OAK HOUSE is a very large extended detached house of 286m², built sometime between 2003 and 2006. It was last sold for £625,000 in September 2016, which was around 84% above the average September 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.

OAK HOUSE Sold Prices

Land registry data shows two sales for OAK HOUSE 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 OAK HOUSE 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 16 SEP	£625,000	£338,920	84% above HPI
2004 24 AUG	£175,000	£227,894	23% below HPI

OAK HOUSE 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 OAK HOUSE sales from August 2004 and September 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 August 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2016 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 286m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% 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 OAK HOUSE lies on this distribution: 94% of detached houses are smaller than OAK HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Great Finborough.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE is located on VALLEY LANE in GREAT FINBOROUGH, in the IP14 postcode district. The below map shows the position of OAK HOUSE on VALLEY LANE.