UNDERWOOD GRANGE, LOWER FARM ROAD, RINGSHALL, STOWMARKET, IP14 2JE - £528,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

UNDERWOOD GRANGE is a large extended detached house of 174m², built sometime between 1950 and 1966, which could now be worth an estimated £605,312. It was last sold for £528,500 in November 2020, which was around 33% above the average November 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was D.

UNDERWOOD GRANGE Sold Prices

Land registry data shows two sales for UNDERWOOD GRANGE 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 UNDERWOOD GRANGE 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
2020 27 NOV	£528,500	£397,984	33% above HPI
2000 31 MAR	£137,000	£118,607	16% above HPI

UNDERWOOD GRANGE 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 UNDERWOOD GRANGE sales from March 2000 and November 2020 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 March 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might UNDERWOOD GRANGE be worth now?

UNDERWOOD GRANGE might now be worth an estimated £605,312.

This is based on house price inflation of 14.5%, between November 2020 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.5% inflationary increase is applied to the most recent sale price for UNDERWOOD GRANGE of £528,500 on 27th November 2020. For the value to have increased from £528,500 to £605,312 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of UNDERWOOD GRANGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The November 2020 sale price of £528,500 represented a fair market value for the property.
• The size, condition, and specification of UNDERWOOD GRANGE has not materially changed since November 2020.

How Large is UNDERWOOD GRANGE?

UNDERWOOD GRANGE is 174m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 30% of detached houses houses in Ringshall Stocks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringshall Stocks, and where UNDERWOOD GRANGE lies on this distribution: 75% of detached houses houses are smaller than UNDERWOOD GRANGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ringshall Stocks.

UNDERWOOD GRANGE: Plot and Title Map

UNDERWOOD GRANGE sits on a plot of roughly 0.463 of an acre, or 1,873m². The below map shows the location of UNDERWOOD GRANGE, 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 UNDERWOOD GRANGE). 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 UNDERWOOD GRANGE?

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