Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
48 KIPLING WAY is a midsized detached house of 99m², built sometime between 1983 and 1990. It was last sold for £280,000 in August 2017, which was around 23% below the average August 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 48 KIPLING WAY since 1st 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 48 KIPLING 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 |
---|---|---|---|
2017 4 AUG | £280,000 | £364,938 | 23% below HPI |
2004 21 MAY | £178,500 | £204,533 | 13% below HPI |
1997 28 FEB | £73,350 | £83,445 | 12% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 48 KIPLING WAY sales between February 1997 and August 2017 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
48 KIPLING WAY is 99m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 48 KIPLING WAY lies on this distribution: 48% of detached houses are smaller than 48 KIPLING WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.
48 KIPLING WAY sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 48 KIPLING 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 48 KIPLING 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.
48 KIPLING WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 48 on KIPLING WAY.