3, THE ORCHARD, RINGSHALL, STOWMARKET, IP14 2RS - £460,000

3 THE ORCHARD is a large detached house of 169m². It was last sold for £460,000 in October 2020, which was around 20% above the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was A.

3 THE ORCHARD Sold Prices

Land registry data shows three sales for 3 THE ORCHARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Two of the three 3 THE ORCHARD sales were for above the average price, whilst one was 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 16 OCT	£460,000	£381,936	20% above HPI
2016 7 APR	£455,000	£328,820	38% above HPI
2016 15 FEB	£127,400	£327,595	61% below HPI

3 THE ORCHARD 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 three 3 THE ORCHARD sales between February 2016 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 2016 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 THE ORCHARD?

3 THE ORCHARD is 169m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Ringshall Stocks, based on EPC data. The below chart shows the distribution of detached houses by size in Ringshall Stocks, and where 3 THE ORCHARD lies on this distribution: 71% of detached houses are smaller than 3 THE ORCHARD, and 29% of houses are larger. Note that EPC data is not available for all properties in Ringshall Stocks.

3 THE ORCHARD: Plot and Title Map

3 THE ORCHARD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 3 THE ORCHARD, 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 3 THE ORCHARD). 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 3 THE ORCHARD?

3 THE ORCHARD is located in RINGSHALL, in the IP14 postcode district. The below map shows the position of No. 3 on THE ORCHARD.