2 Drake Close

    2, DRAKE CLOSE, STOWMARKET, STOWMARKET, IP14 1UP

    This flat/maisonette leasehold property on Drake Close last sold in December 2005 for £89,995. Based on price growth in the IP14 district since then, its estimated current value is £141,747 — placing it in the 11th percentile nationally and the 5th percentile within IP14. The property covers 70 m² (753 sq ft), giving an estimated value of £2,025 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £89,995

    Dec 2005

    Estimated Valuation

    £141,747

    Est. £/sq ft

    £188/sq ft

    £2,025/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateSept 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2005

    £89,995

    23 Sept 2002

    £64,995

    29 Sept 2000

    £43,000

    Key Metrics

    Estimated valuation£141,747
    Value per sq ft / m²£188/sq ft (£2,025/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile5th percentile
    National percentile11th 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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