Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
32 KIPLING WAY is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £247,000 in October 2017, which was around 34% below the average October 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 32 KIPLING WAY since 1st 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. Both of the two 32 KIPLING WAY 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 |
---|---|---|---|
2017 19 OCT | £247,000 | £372,013 | 34% below HPI |
2000 25 AUG | £93,500 | £131,716 | 29% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 32 KIPLING WAY sales from August 2000 and October 2017 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 August 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
32 KIPLING WAY is 78m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 32 KIPLING WAY lies on this distribution: 17% of detached houses are smaller than 32 KIPLING WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
32 KIPLING WAY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 32 KIPLING 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 32 KIPLING 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.
32 KIPLING WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 32 on KIPLING WAY.