RED GABLES, SPOONMANS LANE, STOWUPLAND, STOWMARKET, IP14 4BX - £575,000

RED GABLES is a very large extended detached house of 262m², built sometime between 1983 and 1990. It was last sold for £575,000 in February 2021, which was around 47% above the average February 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

RED GABLES Sold Prices

Land registry data shows two sales for RED GABLES 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 RED GABLES 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
2021 5 FEB	£575,000	£391,984	47% above HPI
2013 25 JUN	£375,000	£251,024	49% above HPI

RED GABLES 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 RED GABLES sales from June 2013 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 June 2013 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is RED GABLES?

RED GABLES is 262m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where RED GABLES lies on this distribution: 99% of detached houses are smaller than RED GABLES, and 1% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

RED GABLES: Plot and Title Map

RED GABLES sits on a plot of roughly 0.361 of an acre, or 1,461m². The below map shows the location of RED GABLES, 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 RED GABLES). 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 RED GABLES?

RED GABLES is located on SPOONMANS LANE in STOWUPLAND, in the IP14 postcode district. The below map shows the position of RED GABLES on SPOONMANS LANE.