24, SWIFT DRIVE, STOWMARKET, IP14 5NB - £350,000

24 SWIFT DRIVE is a very large detached house of 143m², built sometime between 1991 and 1995. It was last sold for £350,000 in September 2018, which was around 7% below the average September 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

24 SWIFT DRIVE Sold Prices

Land registry data shows four sales for 24 SWIFT 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 24 SWIFT 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 28 SEP	£350,000	£376,263	7% below HPI
2012 6 JUN	£238,000	£251,479	5% below HPI
2004 19 JUL	£225,000	£221,369	2% above HPI
2002 27 SEP	£167,950	£184,021	9% below HPI

24 SWIFT 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 24 SWIFT DRIVE sales between September 2002 and September 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 June 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 24 SWIFT DRIVE?

24 SWIFT DRIVE is 143m² according to the EPC inspection conducted in September 2016. 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 24 SWIFT DRIVE lies on this distribution: 86% of detached houses are smaller than 24 SWIFT DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

24 SWIFT DRIVE: Plot and Title Map

24 SWIFT DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 24 SWIFT 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 24 SWIFT 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 24 SWIFT DRIVE?

24 SWIFT DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 24 on SWIFT DRIVE.