8 Drake Close

    8, DRAKE CLOSE, STOWMARKET, IP14 1UP

    This terraced freehold property on Drake Close last sold in January 2014 for £78,000. Based on price growth in the IP14 district since then, its estimated current value is £118,283 — placing it in the 6th percentile nationally and the 3rd percentile within IP14. The property covers 37 m² (398 sq ft), giving an estimated value of £3,197 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £78,000

    Jan 2014

    Estimated Valuation

    £118,283

    Est. £/sq ft

    £297/sq ft

    £3,197/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialA
    Floor area398 sq ft (37 m²)
    EPC dateAug 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    3 Jan 2014

    £78,000

    12 May 2006

    £88,000

    11 Feb 2005

    £83,000

    Key Metrics

    Estimated valuation£118,283
    Value per sq ft / m²£297/sq ft (£3,197/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile3rd percentile
    National percentile6th 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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