THE MAPLES, LOWER FARM ROAD, RINGSHALL, STOWMARKET, IP14 2JE - £322,500

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

THE MAPLES is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £322,500 in September 2012, which was around 25% above the average September 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

THE MAPLES Sold Prices

Land registry data shows two sales for THE MAPLES 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 THE MAPLES 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
2012 14 SEP	£322,500	£257,937	25% above HPI
2005 13 JUL	£295,000	£234,808	26% above HPI

THE MAPLES 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 THE MAPLES sales from July 2005 and September 2012 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 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2012 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is THE MAPLES?

THE MAPLES is 89m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Ringshall Stocks, based on EPC data. The below chart shows the distribution of detached houses by size in Ringshall Stocks, and where THE MAPLES lies on this distribution: 3% of detached houses are smaller than THE MAPLES, and 97% of houses are larger. Note that EPC data is not available for all properties in Ringshall Stocks.

THE MAPLES: Plot and Title Map

THE MAPLES sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of THE MAPLES, 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 THE MAPLES). 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 THE MAPLES?

THE MAPLES is located on LOWER FARM ROAD in RINGSHALL, in the IP14 postcode district. The below map shows the position of THE MAPLES on LOWER FARM ROAD.