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
14 SWIFT DRIVE is a midsized extended detached house of 93m², built sometime between 2003 and 2006. It was last sold for £252,000 in October 2020, which was around 34% below the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 14 SWIFT DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five 14 SWIFT 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 |
---|---|---|---|
2020 2 OCT | £252,000 | £381,936 | 34% below HPI |
2008 31 JAN | £180,000 | £279,298 | 36% below HPI |
2007 27 JUL | £180,000 | £265,489 | 32% below HPI |
2006 29 SEP | £185,000 | £255,672 | 28% below HPI |
2002 11 NOV | £129,950 | £188,786 | 31% 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 five 14 SWIFT DRIVE sales between November 2002 and October 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 January 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
14 SWIFT DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 14 SWIFT DRIVE lies on this distribution: 42% of detached houses are smaller than 14 SWIFT DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
14 SWIFT DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 14 SWIFT 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 14 SWIFT 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.
14 SWIFT DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 14 on SWIFT DRIVE.