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
1 FIRECREST DRIVE is a small detached house of 86m², built sometime between 2003 and 2006. It was last sold for £305,000 in May 2023, which was around 29% below the average May 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 1 FIRECREST DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 1 FIRECREST DRIVE 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 |
---|---|---|---|
2023 31 MAY | £305,000 | £428,880 | 29% below HPI |
2016 16 SEP | £272,000 | £338,920 | 20% below HPI |
2005 27 JAN | £180,000 | £229,907 | 22% below HPI |
2004 6 SEP | £169,000 | £232,440 | 27% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 1 FIRECREST DRIVE sales between September 2004 and May 2023 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 September 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
1 FIRECREST DRIVE is 86m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 1 FIRECREST DRIVE lies on this distribution: 32% of detached houses are smaller than 1 FIRECREST DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
1 FIRECREST DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 1 FIRECREST DRIVE, 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 1 FIRECREST DRIVE). 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.
1 FIRECREST DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 1 on FIRECREST DRIVE.