7, APPLE GROVE, WETHERDEN, STOWMARKET, IP14 3RB - £575,000

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.

7 APPLE GROVE is a very large detached house of 197m², built sometime between 1996 and 2002, which could now be worth an estimated £684,041. It was last sold for £575,000 in July 2019, which was around 55% above the average July 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

7 APPLE GROVE Sold Prices

Land registry data shows two sales for 7 APPLE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 7 APPLE GROVE 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
2019 23 JUL	£575,000	£370,850	55% above HPI
1998 7 DEC	£250,000	£100,694	148% above HPI

7 APPLE GROVE 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 two 7 APPLE GROVE sales from December 1998 and July 2019 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 December 1998 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the July 2019 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 7 APPLE GROVE be worth now?

7 APPLE GROVE might now be worth an estimated £684,041.

This is based on house price inflation of 19%, between July 2019 and April 2026, for detached 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% inflationary increase is applied to the most recent sale price for 7 APPLE GROVE of £575,000 on 23rd July 2019. For the value to have increased from £575,000 to £684,041 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of 7 APPLE GROVE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The July 2019 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 7 APPLE GROVE has not materially changed since July 2019.

How Large is 7 APPLE GROVE?

7 APPLE GROVE is 197m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses houses in Wetherden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wetherden, and where 7 APPLE GROVE lies on this distribution: 94% of detached houses houses are smaller than 7 APPLE GROVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Wetherden.

7 APPLE GROVE: Plot and Title Map

7 APPLE GROVE sits on a plot of roughly 0.309 of an acre, or 1,252m². The below map shows the location of 7 APPLE GROVE, 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 7 APPLE GROVE). 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 7 APPLE GROVE?

7 APPLE GROVE is located in WETHERDEN, in the IP14 postcode district. The below map shows the position of No. 7 on APPLE GROVE.