4, WELLS WAY, DEBENHAM, STOWMARKET, IP14 6SL - £440,000

4 WELLS WAY is a large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £440,000 in August 2022, which was around 3% above the average August 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

4 WELLS WAY Sold Prices

Land registry data shows two sales for 4 WELLS WAY since 1^st 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 4 WELLS WAY sales were for above 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
2022 22 AUG	£440,000	£427,879	3% above HPI
2004 2 APR	£247,500	£206,426	20% above HPI

4 WELLS 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 two 4 WELLS WAY sales from April 2004 and August 2022 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 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 4 WELLS WAY?

4 WELLS WAY is 133m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses in Debenham, based on EPC data. The below chart shows the distribution of detached houses by size in Debenham, and where 4 WELLS WAY lies on this distribution: 64% of detached houses are smaller than 4 WELLS WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Debenham.

4 WELLS WAY: Plot and Title Map

4 WELLS WAY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 4 WELLS 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 4 WELLS 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 4 WELLS WAY?

4 WELLS WAY is located in DEBENHAM, in the IP14 postcode district. The below map shows the position of No. 4 on WELLS WAY.