7 The Grove

    7, THE GROVE, STOWMARKET, IP14 1RR

    This flat/maisonette leasehold property on The Grove last sold in November 2023 for £81,500. Based on price growth in the IP14 district since then, its estimated current value is £75,380 — placing it in the 1st percentile nationally and the 1st percentile within IP14. The property covers 50 m² (538 sq ft), giving an estimated value of £1,508 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £81,500

    Nov 2023

    Estimated Valuation

    £75,380

    Est. £/sq ft

    £140/sq ft

    £1,508/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateJul 2023
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    20 Nov 2023

    £81,500

    12 Aug 2004

    £86,000

    Key Metrics

    Estimated valuation£75,380
    Value per sq ft / m²£140/sq ft (£1,508/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile1st 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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