44, LAVENHAM WAY, STOWMARKET, IP14 2PE - £340,000

44 LAVENHAM WAY is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £340,000 in December 2022, which was around 24% below the average December 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

44 LAVENHAM WAY Sold Prices

Land registry data shows three sales for 44 LAVENHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 44 LAVENHAM WAY 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 21 DEC	£340,000	£447,354	24% below HPI
2020 17 APR	£232,500	£364,357	36% below HPI
2017 19 MAY	£221,000	£351,050	37% below HPI

44 LAVENHAM 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 three 44 LAVENHAM WAY sales between May 2017 and December 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 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 44 LAVENHAM WAY?

44 LAVENHAM WAY is 77m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 44 LAVENHAM WAY lies on this distribution: 16% of detached houses are smaller than 44 LAVENHAM WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

44 LAVENHAM WAY: Plot and Title Map

44 LAVENHAM WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 44 LAVENHAM 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 44 LAVENHAM 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 44 LAVENHAM WAY?

44 LAVENHAM WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 44 on LAVENHAM WAY.