LOTHLORIEN, LOWER FARM ROAD, RINGSHALL, STOWMARKET, IP14 2JE - £397,500

LOTHLORIEN is a small detached house of 115m², built sometime between 1983 and 1990. It was last sold for £397,500 in August 2021, which was around 2% above the average August 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

LOTHLORIEN Sold Prices

Land registry data shows three sales for LOTHLORIEN 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. Two of the three LOTHLORIEN sales were for above the average price, whilst one was 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 27 AUG	£397,500	£388,759	2% above HPI
2018 19 SEP	£354,000	£376,263	6% below HPI
2014 4 APR	£335,000	£268,247	25% above HPI

LOTHLORIEN 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 LOTHLORIEN sales between April 2014 and August 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is LOTHLORIEN?

LOTHLORIEN is 115m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% 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 LOTHLORIEN lies on this distribution: 23% of detached houses are smaller than LOTHLORIEN, and 74% of houses are larger. Note that EPC data is not available for all properties in Ringshall Stocks.

LOTHLORIEN: Plot and Title Map

LOTHLORIEN sits on a plot of roughly 0.249 of an acre, or 1,007m². The below map shows the location of LOTHLORIEN, 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 LOTHLORIEN). 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 LOTHLORIEN?

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