49, SPENCER WAY, STOWMARKET, IP14 1UB - £173,000

49 SPENCER WAY is a large extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £173,000 in December 2005, which was around 27% below the average December 2005 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

49 SPENCER WAY Sold Prices

Land registry data shows three sales for 49 SPENCER 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. Two of the three 49 SPENCER WAY sales were for below the average price, whilst one was 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
2005 22 DEC	£173,000	£235,595	27% below HPI
1999 15 OCT	£87,950	£114,231	23% below HPI
1995 16 AUG	£81,075	£78,904	3% above HPI

49 SPENCER 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 49 SPENCER WAY sales between August 1995 and December 2005 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 October 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2005 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 49 SPENCER WAY?

49 SPENCER WAY is 118m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 49 SPENCER WAY lies on this distribution: 70% of detached houses are smaller than 49 SPENCER WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

49 SPENCER WAY: Plot and Title Map

49 SPENCER WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 49 SPENCER 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 49 SPENCER 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 49 SPENCER WAY?

49 SPENCER WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 49 on SPENCER WAY.