18, KIPLING WAY, STOWMARKET, IP14 1TR - £175,000

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

18 KIPLING WAY is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £175,000 in October 2013, which was around 34% below the average October 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

18 KIPLING WAY Sold Prices

Land registry data shows two sales for 18 KIPLING WAY 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 18 KIPLING WAY 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
2013 17 OCT	£175,000	£265,963	34% below HPI
2002 22 MAR	£115,000	£164,138	30% below HPI

18 KIPLING WAY 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 18 KIPLING WAY sales from March 2002 and October 2013 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 18 KIPLING WAY?

18 KIPLING WAY is 79m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 18 KIPLING WAY lies on this distribution: 19% of detached houses are smaller than 18 KIPLING WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

18 KIPLING WAY: Plot and Title Map

18 KIPLING WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 18 KIPLING WAY, 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 18 KIPLING WAY). 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 18 KIPLING WAY?

18 KIPLING WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 18 on KIPLING WAY.