32, SPENCER WAY, STOWMARKET, IP14 1UB - £370,000

32 SPENCER WAY is a large extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £370,000 in January 2023, which was around 16% below the average January 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was A.

32 SPENCER WAY Sold Prices

Land registry data shows six sales for 32 SPENCER WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. The six 32 SPENCER WAY sales were a mix of below the average price, and 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 27 JAN	£370,000	£442,995	16% below HPI
2017 13 JAN	£290,000	£347,417	17% below HPI
2011 28 OCT	£192,000	£258,724	26% below HPI
2007 25 MAY	£238,000	£263,628	10% below HPI
2005 25 JUL	£210,000	£234,808	11% below HPI
2000 25 AUG	£132,000	£131,716	Close to HPI

32 SPENCER 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 six 32 SPENCER WAY sales between August 2000 and January 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 January 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 32 SPENCER WAY?

32 SPENCER WAY is 110m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 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 32 SPENCER WAY lies on this distribution: 61% of detached houses are smaller than 32 SPENCER WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

32 SPENCER WAY: Plot and Title Map

32 SPENCER WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 32 SPENCER 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 SPENCER 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 32 SPENCER WAY?

32 SPENCER WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 32 on SPENCER WAY.