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
16 LAPWING GROVE is a large extended detached house of 114m², built sometime from 2007 onwards. It was last sold for £260,000 in February 2020, which was around 29% below the average February 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 LAPWING GROVE since 1st 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 16 LAPWING GROVE 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 6 FEB | £260,000 | £363,795 | 29% below HPI |
2007 12 OCT | £210,500 | £272,496 | 23% 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 two 16 LAPWING GROVE sales from October 2007 and February 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 October 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
16 LAPWING GROVE is 114m², which includes one extension, according to the EPC inspection conducted in November 2015. 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 16 LAPWING GROVE lies on this distribution: 66% of detached houses are smaller than 16 LAPWING GROVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
16 LAPWING GROVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 16 LAPWING GROVE, 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 16 LAPWING GROVE). 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.
16 LAPWING GROVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 16 on LAPWING GROVE.