22, CORMORANT DRIVE, STOWMARKET, IP14 5UE - £309,000

22 CORMORANT DRIVE is a large detached house of 124m², built sometime between 2003 and 2006. It was last sold for £309,000 in August 2018, which was around 18% below the average August 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

22 CORMORANT DRIVE Sold Prices

Land registry data shows four sales for 22 CORMORANT DRIVE 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 22 CORMORANT DRIVE 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
2018 23 AUG	£309,000	£374,970	18% below HPI
2013 10 DEC	£230,000	£272,539	16% below HPI
2012 26 OCT	£191,000	£254,725	25% below HPI
2004 16 DEC	£229,950	£225,725	2% above HPI

22 CORMORANT DRIVE 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 22 CORMORANT DRIVE sales between December 2004 and August 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 December 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 22 CORMORANT DRIVE?

22 CORMORANT DRIVE is 124m² according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 22 CORMORANT DRIVE lies on this distribution: 74% of detached houses are smaller than 22 CORMORANT DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

22 CORMORANT DRIVE: Plot and Title Map

22 CORMORANT DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 22 CORMORANT DRIVE, 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 22 CORMORANT DRIVE). 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 22 CORMORANT DRIVE?

22 CORMORANT DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 22 on CORMORANT DRIVE.