40 Cormorant Drive

    40, CORMORANT DRIVE, STOWMARKET, IP14 5UE

    This detached freehold property on Cormorant Drive last sold in October 2012 for £202,500. Based on price growth in the IP14 district since then, its estimated current value is £329,081 — placing it in the 55th percentile nationally and the 65th percentile within IP14. The property covers 144 m² (1,550 sq ft), giving an estimated value of £2,285 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £202,500

    Oct 2012

    Estimated Valuation

    £329,081

    Est. £/sq ft

    £212/sq ft

    £2,285/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,550 sq ft (144 m²)
    EPC dateApr 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Oct 2012

    £202,500

    26 Jul 2007

    £250,000

    30 Nov 2006

    £259,995

    Key Metrics

    Estimated valuation£329,081
    Value per sq ft / m²£212/sq ft (£2,285/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile65th percentile
    National percentile55th 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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