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
34 UNION STREET WEST is a very small extended detached house of 78m², built sometime before 1900. It was last sold for £261,000 in September 2019, which was around 31% below the average September 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 34 UNION STREET WEST 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 34 UNION STREET WEST 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 |
---|---|---|---|
2019 6 SEP | £261,000 | £376,807 | 31% below HPI |
1996 14 JUN | £45,000 | £76,158 | 41% 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 34 UNION STREET WEST sales from June 1996 and September 2019 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 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
34 UNION STREET WEST is 78m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 34 UNION STREET WEST lies on this distribution: 17% of detached houses are smaller than 34 UNION STREET WEST, and 81% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
34 UNION STREET WEST sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 34 UNION STREET WEST, 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 34 UNION STREET WEST). 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.
34 UNION STREET WEST is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 34 on UNION STREET WEST.