12, NEEDHAM ROAD, STOWMARKET, IP14 2AN - £164,000

12 NEEDHAM ROAD is a large extended detached house of 112m², built sometime between 1900 and 1929. It was last sold for £164,000 in February 2010, which was around 35% below the average February 2010 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

12 NEEDHAM ROAD Sold Prices

Land registry data shows two sales for 12 NEEDHAM ROAD 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 12 NEEDHAM ROAD 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
2010 15 FEB	£164,000	£250,606	35% below HPI
1998 19 JUN	£77,000	£93,174	17% below HPI

12 NEEDHAM ROAD 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 12 NEEDHAM ROAD sales from June 1998 and February 2010 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 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2010 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 NEEDHAM ROAD?

12 NEEDHAM ROAD is 112m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 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 12 NEEDHAM ROAD lies on this distribution: 63% of detached houses are smaller than 12 NEEDHAM ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

12 NEEDHAM ROAD: Plot and Title Map

12 NEEDHAM ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 12 NEEDHAM ROAD, 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 12 NEEDHAM ROAD). 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 12 NEEDHAM ROAD?

12 NEEDHAM ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 12 on NEEDHAM ROAD.