24 Drake Close

    24, DRAKE CLOSE, STOWMARKET, IP14 1UP

    This terraced freehold property on Drake Close last sold in April 2013 for £117,000. Based on price growth in the IP14 district since then, its estimated current value is £181,765 — placing it in the 20th percentile nationally and the 11th percentile within IP14. The property covers 66 m² (710 sq ft), giving an estimated value of £2,754 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £117,000

    Apr 2013

    Estimated Valuation

    £181,765

    Est. £/sq ft

    £256/sq ft

    £2,754/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateJan 2023
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Apr 2013

    £117,000

    2 Feb 2004

    £110,000

    24 May 2002

    £85,000

    16 Sept 1999

    £61,250

    30 Sept 1997

    £45,300

    Key Metrics

    Estimated valuation£181,765
    Value per sq ft / m²£256/sq ft (£2,754/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile11th percentile
    National percentile20th 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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