70, REEDS WAY, STOWUPLAND, STOWMARKET, IP14 4BP - £240,000

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.

70 REEDS WAY is a very large detached house of 163m², built sometime between 1983 and 1990, which could now be worth an estimated £413,882. It was last sold for £240,000 in August 2011, which was around 8% below the average August 2011 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

70 REEDS WAY Sold Prices

Land registry data shows three sales for 70 REEDS 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 70 REEDS 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
2011 12 AUG	£240,000	£259,992	8% below HPI
2004 4 JUN	£201,500	£219,422	8% below HPI
1997 2 MAY	£77,000	£85,042	9% below HPI

70 REEDS 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 70 REEDS WAY sales between May 1997 and August 2011 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 June 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2011 sale, which was also at 8% below the HPI.

What might 70 REEDS WAY be worth now?

70 REEDS WAY might now be worth an estimated £413,882.

This is based on house price inflation of 72.5%, between August 2011 and June 2025, 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 72.5% inflationary increase is applied to the most recent sale price for 70 REEDS WAY of £240,000 on 12th August 2011. For the value to have increased from £240,000 to £413,882 over the fourteen years and two months to June 2025, the following assumptions must hold true:

• The value of 70 REEDS WAY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2011 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 70 REEDS WAY has not materially changed since August 2011.

How Large is 70 REEDS WAY?

70 REEDS WAY is 163m² according to the EPC inspection conducted in March 2010. This puts it in the largest 10% of detached houses houses in Stowupland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowupland, and where 70 REEDS WAY lies on this distribution: 95% of detached houses houses are smaller than 70 REEDS WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Stowupland.

70 REEDS WAY: Plot and Title Map

70 REEDS WAY sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 70 REEDS 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 70 REEDS 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 70 REEDS WAY?

70 REEDS WAY is located in STOWUPLAND, in the IP14 postcode district. The below map shows the position of No. 70 on REEDS WAY.