18, NEEDHAM ROAD, STOWMARKET, IP14 2AN - £395,000

18 NEEDHAM ROAD is a very large extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £395,000 in October 2020, which was around 3% above the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

18 NEEDHAM ROAD Sold Prices

Land registry data shows four sales for 18 NEEDHAM ROAD since 1^st 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. Most of the four 18 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
2020 30 OCT	£395,000	£381,936	3% above HPI
2013 5 APR	£187,500	£252,668	26% below HPI
2005 18 APR	£152,500	£224,715	32% below HPI
2004 5 OCT	£125,000	£230,792	46% below HPI

18 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 four 18 NEEDHAM ROAD sales between October 2004 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 April 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 18 NEEDHAM ROAD?

18 NEEDHAM ROAD is 135m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 NEEDHAM ROAD lies on this distribution: 82% of detached houses are smaller than 18 NEEDHAM ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

18 NEEDHAM ROAD: Plot and Title Map

18 NEEDHAM ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 18 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 18 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 18 NEEDHAM ROAD?

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