2, PHOENIX WAY, STOWMARKET, IP14 5FB - £482,000

2 PHOENIX WAY is a small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £482,000 in February 2023, which was around 11% above the average February 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

2 PHOENIX WAY Sold Prices

Land registry data shows two sales for 2 PHOENIX 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. One of the two 2 PHOENIX WAY sales was for above the average price, whilst the other was roughly equal to 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
2023 9 FEB	£482,000	£433,638	11% above HPI
2004 29 OCT	£229,950	£230,792	Close to HPI

2 PHOENIX 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 2 PHOENIX WAY sales from October 2004 and February 2023 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 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 PHOENIX WAY?

2 PHOENIX WAY is 89m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 2 PHOENIX WAY lies on this distribution: 37% of detached houses are smaller than 2 PHOENIX WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 PHOENIX WAY: Plot and Title Map

2 PHOENIX WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 PHOENIX 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 2 PHOENIX 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 2 PHOENIX WAY?

2 PHOENIX WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 2 on PHOENIX WAY.