RIVERWOOD, GISLINGHAM ROAD, FINNINGHAM, STOWMARKET, IP14 4JA - £360,000

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

RIVERWOOD is a large extended detached house of 187m², built sometime between 1967 and 1975. It was last sold for £360,000 in January 2014, which was around 31% above the average January 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

RIVERWOOD Sold Prices

Land registry data shows two sales for RIVERWOOD 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. Both of the two RIVERWOOD 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
2014 7 JAN	£360,000	£275,529	31% above HPI
1998 24 JUL	£140,000	£95,720	46% above HPI

RIVERWOOD 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 RIVERWOOD sales from July 1998 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 July 1998 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the January 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is RIVERWOOD?

RIVERWOOD is 187m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 30% of detached houses in Finningham, based on EPC data. The below chart shows the distribution of detached houses by size in Finningham, and where RIVERWOOD lies on this distribution: 70% of detached houses are smaller than RIVERWOOD, and 30% of houses are larger. Note that EPC data is not available for all properties in Finningham.

RIVERWOOD: Plot and Title Map

RIVERWOOD sits on a plot of roughly 0.428 of an acre, or 1,733m². The below map shows the location of RIVERWOOD, 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 RIVERWOOD). 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 RIVERWOOD?

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