41, STOWMARKET ROAD, NEEDHAM MARKET, IPSWICH, IP6 8EF - £197,500

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.

41 STOWMARKET ROAD is a very small extended terraced house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £235,978. It was last sold for £197,500 in December 2018, which was around 5% above the average December 2018 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

41 STOWMARKET ROAD Sold Prices

Land registry data shows four sales for 41 STOWMARKET ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 41 STOWMARKET ROAD 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
2018 14 DEC	£197,500	£188,991	5% above HPI
2014 9 MAY	£154,000	£145,997	5% above HPI
1998 6 JUL	£50,500	£47,365	7% above HPI
1996 23 FEB	£43,500	£40,012	9% above HPI

41 STOWMARKET ROAD 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 four 41 STOWMARKET ROAD sales between February 1996 and December 2018 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 May 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2018 sale, which was also at 5% above the HPI.

What might 41 STOWMARKET ROAD be worth now?

41 STOWMARKET ROAD might now be worth an estimated £235,978.

This is based on house price inflation of 19.5%, between December 2018 and July 2025, 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 19.5% inflationary increase is applied to the most recent sale price for 41 STOWMARKET ROAD of £197,500 on 14th December 2018. For the value to have increased from £197,500 to £235,978 over the seven years and five months to July 2025, the following assumptions must hold true:

• The value of 41 STOWMARKET ROAD has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The December 2018 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 41 STOWMARKET ROAD has not materially changed since December 2018.

How Large is 41 STOWMARKET ROAD?

41 STOWMARKET ROAD is 69m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of terraced houses houses in Needham Market, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Needham Market, and where 41 STOWMARKET ROAD lies on this distribution: 10% of terraced houses houses are smaller than 41 STOWMARKET ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

41 STOWMARKET ROAD: Plot and Title Map

41 STOWMARKET ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 41 STOWMARKET ROAD, 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 41 STOWMARKET ROAD). 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 41 STOWMARKET ROAD?

41 STOWMARKET ROAD is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 41 on STOWMARKET ROAD.