BENICIA HOUSE, LOWER FARM ROAD, RINGSHALL, STOWMARKET, IP14 2JB - £325,000

BENICIA HOUSE is a very small detached house of 90m². It was last sold for £325,000 in February 2021, which was around 17% below the average February 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was A.

BENICIA HOUSE Sold Prices

Land registry data shows two sales for BENICIA HOUSE 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 BENICIA HOUSE 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 2 FEB	£325,000	£391,984	17% below HPI
2014 5 SEP	£240,000	£291,647	18% below HPI

BENICIA HOUSE 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 BENICIA HOUSE sales from September 2014 and February 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 September 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is BENICIA HOUSE?

BENICIA HOUSE is 90m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Ringshall Stocks, based on EPC data. The below chart shows the distribution of detached houses by size in Ringshall Stocks, and where BENICIA HOUSE lies on this distribution: 6% of detached houses are smaller than BENICIA HOUSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ringshall Stocks.

BENICIA HOUSE: Plot and Title Map

BENICIA HOUSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of BENICIA HOUSE, 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 BENICIA HOUSE). 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 BENICIA HOUSE?

BENICIA HOUSE is located on LOWER FARM ROAD in RINGSHALL, in the IP14 postcode district. The below map shows the position of BENICIA HOUSE on LOWER FARM ROAD.