TREE TOPS, PARK ROAD, WETHERDEN, STOWMARKET, IP14 3JS - £160,000

TREE TOPS is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £160,000 in August 2009, which was around 31% below the average August 2009 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

TREE TOPS Sold Prices

Land registry data shows three sales for TREE TOPS 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 TREE TOPS sales were 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
2009 28 AUG	£160,000	£233,368	31% below HPI
2005 14 JUN	£185,000	£230,014	20% below HPI
1998 14 JUL	£63,000	£95,720	34% below HPI

TREE TOPS 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 TREE TOPS sales between July 1998 and August 2009 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2009 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is TREE TOPS?

TREE TOPS is 69m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Wetherden, based on EPC data. The below chart shows the distribution of detached houses by size in Wetherden, and where TREE TOPS lies on this distribution: 2% of detached houses are smaller than TREE TOPS, and 98% of houses are larger. Note that EPC data is not available for all properties in Wetherden.

TREE TOPS: Plot and Title Map

TREE TOPS sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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 TREE TOPS?

TREE TOPS is located on PARK ROAD in WETHERDEN, in the IP14 postcode district. The below map shows the position of TREE TOPS on PARK ROAD.