2 Union Street West, Stowmarket, IP14 1HW is a freehold terraced property built before 1900. The property offers approximately 431 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £150,153 , which equates to approximately £349 per square foot. It was last sold on 19 Sep 1997 for £30,000. Since then, the value has increased by £120,153, representing a 400.5% increase, or approximately 14.2% per year.

The current estimated value of £150,153 is:

  • 24.3% lower than the average property price on Union Street West
  • 23.2% lower than the average in the IP14 1HW postcode area
  • and 45.3% lower than the average price for Stowmarket as a whole

Based on EPC inspection history, this property has been mostly rented (3 out of 4 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 25 April 2024, the property was recorded as owner-occupied.

View sold house prices in IP14 1HW

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
431 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£150,153
Price Per sq ft (estimate)
£349
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Union Street West, Stowmarket, Mid Suffolk, Suffolk, IP14 1HW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 25 Apr 2024.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Sep 2023. The rating of E remains the same, but the energy efficiency score improved by 11.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from gas multipoint to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 350 mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP14 1HW

11 th / 12
Price Rank
23% lower than average
11 th / 11
Size Rank
32% smaller than average
4 th / 11
Price Per Sq FT Rank
13% higher than average

Compared to other properties in IP14 1HW , this flat's estimated value ranks 11th out of 12. Based on price per square foot, it ranks 4th out of 11 properties. In terms of size, this home ranks 11th out of 11 properties in its postcode area.

Sale History

Today
£150,153
streetscan.co.uk estimate
+401 %
19 Sep 1997
£30,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 474 sq ft
sale price: £115,000
sale date: 5 Oct 2007

Data Sources

The property at 2 Union Street West, Stowmarket, Mid Suffolk, Suffolk, IP14 1HW appears once in the Land Registry records, with the transaction recorded on 19 Sep 1997. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Apr 2024. 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.