THE MALTINGS, THE STREET, BACTON, STOWMARKET, IP14 4LF - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE MALTINGS is a very large extended detached house of 219m², built sometime before 1900. It was last sold for £375,000 in September 2015, which was around 21% above the average September 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

THE MALTINGS Sold Prices

Land registry data shows four sales for THE MALTINGS 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 THE MALTINGS 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 4 SEP	£375,000	£310,485	21% above HPI
2009 27 NOV	£300,000	£244,154	23% above HPI
2005 22 JUL	£294,000	£234,808	25% above HPI
2003 2 MAY	£205,000	£198,212	3% above HPI

THE MALTINGS 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 THE MALTINGS sales between May 2003 and September 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 November 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2015 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is THE MALTINGS?

THE MALTINGS is 219m², which includes three extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where THE MALTINGS lies on this distribution: 98% of detached houses are smaller than THE MALTINGS, and 2% of houses are larger. Note that EPC data is not available for all properties in Bacton.

THE MALTINGS: Plot and Title Map

THE MALTINGS sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of THE MALTINGS, 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 THE MALTINGS). 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 THE MALTINGS?

THE MALTINGS is located on THE STREET in BACTON, in the IP14 postcode district. The below map shows the position of THE MALTINGS on THE STREET.