2, MILES PADDOCK, COTTON, STOWMARKET, IP14 4PQ - £477,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MILES PADDOCK is a midsized detached house of 148m², built sometime between 1991 and 1995, which could now be worth an estimated £575,422. It was last sold for £477,500 in January 2018, which was around 26% above the average January 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

2 MILES PADDOCK Sold Prices

Land registry data shows four sales for 2 MILES PADDOCK 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 2 MILES PADDOCK sales were for above 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
2018 31 JAN	£477,500	£378,257	26% above HPI
2006 19 APR	£388,000	£241,988	60% above HPI
2002 27 JUN	£315,000	£176,723	78% above HPI
1995 15 DEC	£47,000	£78,699	40% below HPI

2 MILES PADDOCK 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 2 MILES PADDOCK sales between December 1995 and January 2018 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 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the January 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 MILES PADDOCK be worth now?

2 MILES PADDOCK might now be worth an estimated £575,422.

This is based on house price inflation of 20.5%, between January 2018 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for 2 MILES PADDOCK of £477,500 on 31st January 2018. For the value to have increased from £477,500 to £575,422 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 MILES PADDOCK has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The January 2018 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MILES PADDOCK has not materially changed since January 2018.

How Large is 2 MILES PADDOCK?

2 MILES PADDOCK is 148m² according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses houses in Cotton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cotton, and where 2 MILES PADDOCK lies on this distribution: 59% of detached houses houses are smaller than 2 MILES PADDOCK, and 39% of houses are larger. Note that EPC data is not available for all properties in Cotton.

2 MILES PADDOCK: Plot and Title Map

2 MILES PADDOCK sits on a plot of roughly 0.451 of an acre, or 1,826m². The below map shows the location of 2 MILES PADDOCK, 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 2 MILES PADDOCK). 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 2 MILES PADDOCK?

2 MILES PADDOCK is located in COTTON, in the IP14 postcode district. The below map shows the position of No. 2 on MILES PADDOCK.