2 Kingsmead Close, Stowmarket, IP14 1LU is a leasehold terraced property The property offers approximately 818 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £116,912 , which equates to approximately £143 per square foot. It was last sold on 25 Mar 2024 for £110,000. Since then, the value has increased by £6,912, representing a 6.3% increase, or approximately 3.6% per year.

The current estimated value of £116,912 is:

  • 19.9% lower than the average property price on Kingsmead Close
  • 20.8% lower than the average in the IP14 1LU postcode area
  • and 57.4% lower than the average price for Stowmarket as a whole

At the most recent EPC inspection on 4 May 2010, the property was recorded as owner-occupied.

View sold house prices in IP14 1LU

Building approximate location

About Property

Type
Terraced House
Built
Interior Size
818 sq ft
Tenure
Leasehold
Price (estimate)
£116,912
Price Per sq ft (estimate)
£143
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Kingsmead Close, Stowmarket, Mid Suffolk, Suffolk, IP14 1LU has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 26 Jan 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, with added efficiency from a flue gas heat recovery system. The windows are high performance glazing.

The previous EPC assessment was conducted on 4 May 2010, when the property was rated G. Since then, the rating has improved to B, with the energy efficiency score increasing by 1640%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to from main system, flue gas heat recovery, with its energy efficiency improving from very poor to very good.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to average thermal transmittance 0.10 w/m-¦k, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to average thermal transmittance 0.26 w/m-¦k, improving energy efficiency from very poor to very good.
  • The windows were upgraded from fully double glazed to high performance glazing.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, flue gas heat recovery
Very Good
Floor
Average thermal transmittance 0.15 W/m-¦K
Very Good
Roof
Average thermal transmittance 0.10 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.26 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£116,912
streetscan.co.uk estimate
+6 %
25 Mar 2024
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

1 Kingsmead Close, Stowmarket, IP14 1LU
rooms:
size: 818 sq ft
sale price: £120,000
sale date: 31 Oct 2024
8 Kingsmead Close, Stowmarket, IP14 1LU
rooms:
size: 818 sq ft
sale price: £156,000
sale date: 2 Nov 2023
9 Kingsmead Close, Stowmarket, IP14 1LU
rooms:
size: 926 sq ft
sale price: £92,000
sale date: 7 Feb 2018
7 Kingsmead Close, Stowmarket, IP14 1LU
rooms:
size: 926 sq ft
sale price: £90,000
sale date: 2 Feb 2018
10 Kingsmead Close, Stowmarket, IP14 1LU
rooms:
size: 926 sq ft
sale price: £138,000
sale date: 2 Feb 2018

Data Sources

The property at 2 Kingsmead Close, Stowmarket, Mid Suffolk, Suffolk, IP14 1LU appears once in the Land Registry records, with the transaction recorded on 25 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jan 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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