32 Drake Close

    32, DRAKE CLOSE, STOWMARKET, IP14 1UP

    This terraced leasehold property on Drake Close last sold in July 2023 for £110,000. Based on price growth in the IP14 district since then, its estimated current value is £109,600 — placing it in the 5th percentile nationally and the 2nd percentile within IP14. The property covers 38 m² (409 sq ft), giving an estimated value of £2,884 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £110,000

    Jul 2023

    Estimated Valuation

    £109,600

    Est. £/sq ft

    £268/sq ft

    £2,884/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    3 Jul 2023

    £110,000

    15 May 2003

    £66,000

    21 Jul 2000

    £42,000

    2 Aug 1999

    £33,950

    12 Aug 1997

    £29,500

    Key Metrics

    Estimated valuation£109,600
    Value per sq ft / m²£268/sq ft (£2,884/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile2nd percentile
    National percentile5th 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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