40A, POUND HILL, BACTON, STOWMARKET, IP14 4LP - £279,995

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.

40A POUND HILL is a midsized terraced house of 118m², built in 2014, which could now be worth an estimated £318,970. It was last sold for £279,995 in October 2020, which was around 43% above the average October 2020 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

40A POUND HILL Sold Prices

Land registry data shows two sales for 40A 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 40A POUND HILL 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
2020 28 OCT	£279,995	£196,287	43% above HPI
2017 28 JUL	£262,000	£186,681	40% above HPI

40A 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 40A POUND HILL sales from July 2017 and October 2020 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 July 2017 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2020 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 40A POUND HILL be worth now?

40A POUND HILL might now be worth an estimated £318,970.

This is based on house price inflation of 13.9%, between October 2020 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 13.9% inflationary increase is applied to the most recent sale price for 40A POUND HILL of £279,995 on 28th October 2020. For the value to have increased from £279,995 to £318,970 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 40A POUND HILL has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The October 2020 sale price of £279,995 represented a fair market value for the property.
• The size, condition, and specification of 40A POUND HILL has not materially changed since October 2020.

How Large is 40A POUND HILL?

40A POUND HILL is 118m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% 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 40A POUND HILL lies on this distribution: 50% of terraced houses houses are smaller than 40A POUND HILL, and 50% of houses are larger. Note that EPC data is not available for all properties in Bacton.

40A POUND HILL: Plot and Title Map

40A POUND HILL sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 40A 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 40A 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 40A POUND HILL?

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