SWALLOWS, STOWMARKET ROAD, WETHERDEN, STOWMARKET, IP14 3JP - £525,000

SWALLOWS is a very large extended detached house of 174m², built sometime between 1983 and 1990. It was last sold for £525,000 in July 2019, which was around 45% above the average July 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was D.

SWALLOWS Sold Prices

Land registry data shows two sales for SWALLOWS 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 SWALLOWS 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
2019 3 JUL	£525,000	£362,315	45% above HPI
1998 30 JUN	£150,000	£93,174	61% above HPI

SWALLOWS 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 SWALLOWS sales from June 1998 and July 2019 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 June 1998 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2019 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is SWALLOWS?

SWALLOWS is 174m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses in Wetherden, based on EPC data. The below chart shows the distribution of detached houses by size in Wetherden, and where SWALLOWS lies on this distribution: 84% of detached houses are smaller than SWALLOWS, and 16% of houses are larger. Note that EPC data is not available for all properties in Wetherden.

SWALLOWS: Plot and Title Map

SWALLOWS sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of SWALLOWS, 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 SWALLOWS). 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 SWALLOWS?

SWALLOWS is located on STOWMARKET ROAD in WETHERDEN, in the IP14 postcode district. The below map shows the position of SWALLOWS on STOWMARKET ROAD.