16 The Grove

    16, THE GROVE, STOWMARKET, IP14 1RR

    This flat/maisonette leasehold property on The Grove last sold in August 2024 for £80,000. Based on price growth in the IP14 district since then, its estimated current value is £71,781 — placing it in the 1st percentile nationally and the 0th percentile within IP14. The property covers 49 m² (527 sq ft), giving an estimated value of £1,465 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £80,000

    Aug 2024

    Estimated Valuation

    £71,781

    Est. £/sq ft

    £136/sq ft

    £1,465/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateApr 2016
    WallsTimber frame, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    9 Aug 2024

    £80,000

    29 Jan 2021

    £95,000

    10 Oct 2016

    £88,000

    19 Dec 2003

    £84,000

    5 Jul 1996

    £32,500

    Key Metrics

    Estimated valuation£71,781
    Value per sq ft / m²£136/sq ft (£1,465/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile0th percentile
    National percentile1st percentile

    District Context — IP14

    IP14 covers the Gipping Valley area in mid-Suffolk, including Needham Market and surrounding villages, sitting roughly midway between Norwich and the Essex border. It is a predominantly rural and semi-rural district with a mix of village communities, appealing to those seeking quieter living with reasonable access to larger towns.

    Average Property Price - IP14

    £310,712

    45

    National percentile

    Average Net Household Income - IP14

    £41,994

    66

    National percentile

    10-Year Annualised Price Growth - IP14

    3.0%

    30

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP14

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