OAK TREE PLACE, FENNS MEADOW, COMBS, STOWMARKET, IP14 2RN - £525,000

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 TREE PLACE is a large detached house of 163m², built sometime between 2003 and 2006. It was last sold for £525,000 in September 2021, which was around 35% above the average September 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was A.

OAK TREE PLACE Sold Prices

Land registry data shows three sales for OAK TREE PLACE 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. All of the three OAK TREE PLACE 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
2021 24 SEP	£525,000	£389,810	35% above HPI
2016 14 DEC	£435,000	£345,883	26% above HPI
2005 28 JUL	£300,000	£234,808	28% above HPI

OAK TREE PLACE 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 OAK TREE PLACE sales between July 2005 and September 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 December 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is OAK TREE PLACE?

OAK TREE PLACE is 163m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Combs, based on EPC data. The below chart shows the distribution of detached houses by size in Combs, and where OAK TREE PLACE lies on this distribution: 71% of detached houses are smaller than OAK TREE PLACE, and 26% of houses are larger. Note that EPC data is not available for all properties in Combs.

OAK TREE PLACE: Plot and Title Map

OAK TREE PLACE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of OAK TREE PLACE, 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 TREE PLACE). 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 TREE PLACE?

OAK TREE PLACE is located on FENNS MEADOW in COMBS, in the IP14 postcode district. The below map shows the position of OAK TREE PLACE on FENNS MEADOW.