12 Drake Close

    12, DRAKE CLOSE, STOWMARKET, IP14 1UP

    This terraced freehold property on Drake Close last sold in August 2024 for £140,000. Based on price growth in the IP14 district since then, its estimated current value is £140,553 — placing it in the 11th percentile nationally and the 5th percentile within IP14. The property covers 36 m² (388 sq ft), giving an estimated value of £3,904 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £140,000

    Aug 2024

    Estimated Valuation

    £140,553

    Est. £/sq ft

    £363/sq ft

    £3,904/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialA
    Floor area388 sq ft (36 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    22 Aug 2024

    £140,000

    29 Oct 2010

    £76,000

    17 Mar 2006

    £85,000

    18 Jan 2002

    £47,500

    Key Metrics

    Estimated valuation£140,553
    Value per sq ft / m²£363/sq ft (£3,904/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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