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

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

UNDERWOOD GRANGE is a large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £528,500 in November 2020, which was around 36% 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	£388,824	36% above HPI
2000 31 MAR	£137,000	£115,877	18% 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

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 in Ringshall Stocks, based on EPC data. The below chart shows the distribution of detached houses by size in Ringshall Stocks, and where UNDERWOOD GRANGE lies on this distribution: 74% of detached houses are smaller than UNDERWOOD GRANGE, and 26% 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.