78, KIPLING WAY, STOWMARKET, IP14 1TR - £270,000

78 KIPLING WAY is a small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £270,000 in June 2021, which was around 30% below the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

78 KIPLING WAY Sold Prices

Land registry data shows four sales for 78 KIPLING WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 78 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
2021 23 JUN	£270,000	£385,084	30% below HPI
2017 6 OCT	£248,000	£372,013	33% below HPI
2009 1 JUN	£145,000	£221,725	35% below HPI
1999 8 JUL	£69,500	£104,574	34% below HPI

78 KIPLING 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 four 78 KIPLING WAY sales between July 1999 and June 2021 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 78 KIPLING WAY?

78 KIPLING WAY is 81m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 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 78 KIPLING WAY lies on this distribution: 23% of detached houses are smaller than 78 KIPLING WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

78 KIPLING WAY: Plot and Title Map

78 KIPLING WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 78 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 78 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.

Where is 78 KIPLING WAY?

78 KIPLING WAY is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 78 on KIPLING WAY.