6, OLD SCHOOL MEWS, STOWMARKET, IP14 1ND - £120,000

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.

6 OLD SCHOOL MEWS is a very small extended terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £139,205. It was last sold for £120,000 in August 2018, which was around 38% below the average August 2018 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

6 OLD SCHOOL MEWS Sold Prices

Land registry data shows four sales for 6 OLD SCHOOL MEWS 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 6 OLD SCHOOL MEWS 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
2018 8 AUG	£120,000	£194,658	38% below HPI
2017 21 JUL	£105,000	£186,681	44% below HPI
2004 30 JUN	£90,000	£114,504	21% below HPI
2002 20 MAR	£47,950	£80,666	41% below HPI

6 OLD SCHOOL MEWS 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 6 OLD SCHOOL MEWS sales between March 2002 and August 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 July 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 6 OLD SCHOOL MEWS be worth now?

6 OLD SCHOOL MEWS might now be worth an estimated £139,205.

This is based on house price inflation of 16%, between August 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 16% inflationary increase is applied to the most recent sale price for 6 OLD SCHOOL MEWS of £120,000 on 8th August 2018. For the value to have increased from £120,000 to £139,205 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of 6 OLD SCHOOL MEWS has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The August 2018 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OLD SCHOOL MEWS has not materially changed since August 2018.

How Large is 6 OLD SCHOOL MEWS?

6 OLD SCHOOL MEWS is 60m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of terraced houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stowmarket, and where 6 OLD SCHOOL MEWS lies on this distribution: 3% of terraced houses houses are smaller than 6 OLD SCHOOL MEWS, and 96% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

6 OLD SCHOOL MEWS: Plot and Title Map

6 OLD SCHOOL MEWS sits on a plot of roughly 1.9 acres, or 7,508m². The below map shows the location of 6 OLD SCHOOL MEWS, 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 6 OLD SCHOOL MEWS). 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 6 OLD SCHOOL MEWS?

6 OLD SCHOOL MEWS is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 6 on OLD SCHOOL MEWS.