40, POUND HILL, BACTON, STOWMARKET, IP14 4LP - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 POUND HILL is a very small terraced house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £204,136. It was last sold for £195,000 in February 2022, which was around 9% below the average February 2022 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

40 POUND HILL Sold Prices

Land registry data shows two sales for 40 POUND HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 40 POUND HILL 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
2022 25 FEB	£195,000	£213,602	9% below HPI
2011 9 SEP	£115,000	£135,298	15% below HPI

40 POUND HILL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 40 POUND HILL sales from September 2011 and February 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 September 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 40 POUND HILL be worth now?

40 POUND HILL might now be worth an estimated £204,136.

This is based on house price inflation of 4.7%, between February 2022 and May 2026, for terraced houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.7% inflationary increase is applied to the most recent sale price for 40 POUND HILL of £195,000 on 25th February 2022. For the value to have increased from £195,000 to £204,136 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 40 POUND HILL has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The February 2022 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 40 POUND HILL has not materially changed since February 2022.

How Large is 40 POUND HILL?

40 POUND HILL is 72m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of terraced houses houses in Bacton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bacton, and where 40 POUND HILL lies on this distribution: 13% of terraced houses houses are smaller than 40 POUND HILL, and 87% of houses are larger. Note that EPC data is not available for all properties in Bacton.

40 POUND HILL: Plot and Title Map

40 POUND HILL sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 40 POUND HILL, 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 40 POUND HILL). 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 40 POUND HILL?

40 POUND HILL is located in BACTON, in the IP14 postcode district. The below map shows the position of No. 40 on POUND HILL.