CHAPELFIELDS, LOWER FARM ROAD, RINGSHALL, STOWMARKET, IP14 2JE - £405,000

CHAPELFIELDS is a large detached house of 163m², built sometime between 1983 and 1990. It was last sold for £405,000 in April 2015, which was around 33% above the average April 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

CHAPELFIELDS Sold Prices

Land registry data shows two sales for CHAPELFIELDS 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 CHAPELFIELDS 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
2015 10 APR	£405,000	£303,834	33% above HPI
1997 5 SEP	£138,000	£90,307	53% above HPI

CHAPELFIELDS 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 CHAPELFIELDS sales from September 1997 and April 2015 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 1997 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is CHAPELFIELDS?

CHAPELFIELDS is 163m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% 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 CHAPELFIELDS lies on this distribution: 65% of detached houses are smaller than CHAPELFIELDS, and 35% of houses are larger. Note that EPC data is not available for all properties in Ringshall Stocks.

CHAPELFIELDS: Plot and Title Map

CHAPELFIELDS sits on a plot of roughly 0.463 of an acre, or 1,875m². The below map shows the location of CHAPELFIELDS, 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 CHAPELFIELDS). 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 CHAPELFIELDS?

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